McKinsey quote of the day

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“We live in this very rapidly changing society. I mean, the whole social contract is broken. The old concept of the state, the old concept of the family—what does it mean to community when a lot of it was supposed to be provided by the state?”

Andrew Sheng, distinguished fellow at the Asia Global Institute at the University of Hong Kong, on the state of today’s social contract in a recent episode of McKinsey Global Institute's Forward Thinking podcast