[4507] The Super Rich: The New Power that Dominates the World: ESD Fac…
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[4507] Super Rich: The New Power that Dominates the World
Yasuo Ota, Chikuma Shinsho, 2020
The wealth of billionaires in the United States has increased by 19% in just 2.5 months since March 2020.
The unemployment rate in April was 14.7%. It is the worst since the Great Depression of the 1930s.
The source of wealth is stock holdings.
On May 25th, riots broke out in many cities, including Minnesota.
The wealthy are evacuating to avoid infection. 013
The number of billionaires in the United States is 614. There are 26 in Japan. There are 389 in China. Germany is 107, India is 102, Russia is 102, and Hong Kong is 99. Brazil, the UK, Canada, France, Italy, Taiwan, Switzerland, and Australia follow. It's like a ranking of international influence.
The world's top is Jeff Bezos of Amazon. It's the 20th year in a row. Divorce alimony of 4 trillion yen. What are you going to do with all that money?
Before that, it was Bill Gates.
The heads of GAFA are in the top 14.
ZARA's Amancio Ortega is in 6th place. LVMH is in 3rd place!!! GAFA or fashion are the top faces.
https://www.lvmh.co.jp/
In Japan, it's Fast Retailing or Yoshiaki Tsutsumi, founder of Uniqlo. Really?
Masayoshi Son is 3rd in Japan and 56th in the world. What do you think about Unicharm being 4th? Rakuten, Nitori, Mori Trust, ABC Mart, and Don Quijote are also in it.
The number of wealthy people in Japan is nearly 700,000, a 30% increase over the past 10 years, but Japan's GDP has hardly increased at all. Policies to revitalize the economy have contributed to attracting wealthy people, but this has not led to growth in the economy as a whole.
Trickle-down did not occur, internal reserves increased, and the money was returned mainly to executives. 037
Even today, royal families occupy a part of the wealthy class. 038
King Bolkiah of Brunei. House of Saud of Saudi Arabia.
Prince Hans Adam II of Liechtenstein
However, royal families are "the rich of the country". In the age of GAFA, they are the global rich. 043
Japan has not developed global companies in cutting-edge fields. It has not produced billionaires in proportion to the economic demand. 049
And the number of millionaires has increased dramatically. It now reaches 47 million.
The Chinese rich are influential. 058
The representative of the women's rich is TV personality and fashion model Kylie Jenner. 067
While many women are rich through inheritance, China's rich women are entrepreneurs.
The rich have been the creators of culture since ancient times.
In the third chapter, we see the reality of the new aristocratic culture that is now being created.
There is diversity between being conspicuous and not conspicuous.
Davos is a festival for the wealthy!
Amidst the greedy discussions, Japan's presence is weak. 096
And the wealthy's business is becoming established as a field.
The fashion world is becoming more and more monopolized. LVMH
The competition for donations is fierce. The reconstruction of Notre Dame Cathedral will be completed in no time.
Fashion, fine food, winemaking. Winemaking is the best hobby. Buy good Loire and make wine. It's also an investment target.
Art, yachts. Casinos.
Chapter 4 is about the dangers of a society of inequality.
Backdoor admission is an effort to solidify educational and class inequality by fabricating educational records. 189
The arrogance of doing such things without shame or dignity is widespread.
The tax system is also fragile. Tax havens, loopholes. The Panama Papers.
Public education and tax systems are the foundation of a democratic nation. Free and equal competition is already becoming an illusion.
It is difficult to go to a good university without a lot of financial power.
The movies "Crazy Rich Asians" and "Parasite" depict inequality. The semi-basements in South Korea were built as military shelters, but now they are homes for the poor.
What the COVID-19 pandemic has also revealed is the high mortality rate among black people. In other words, health disparities are occurring. "When America catches a cold, black people catch the flu." 204
The average life expectancy of black people is four years lower than that of white people.
In a society where money is the top priority, those with regulatory power that creates wealth are given preferential treatment. 226
The widening gap will be rolled back.
The author says in the "Conclusion," but I wonder if that is true. I don't think the poor today have the physical strength to do that. Isn't their self-esteem falling as they are shackled by the idea of personal responsibility?
Tolstoy said, "Happy wealthy people are all alike, but the poor are diverse." Can the diverse poor unite?
Yasuo Ota, Chikuma Shinsho, 2020
The wealth of billionaires in the United States has increased by 19% in just 2.5 months since March 2020.
The unemployment rate in April was 14.7%. It is the worst since the Great Depression of the 1930s.
The source of wealth is stock holdings.
On May 25th, riots broke out in many cities, including Minnesota.
The wealthy are evacuating to avoid infection. 013
The number of billionaires in the United States is 614. There are 26 in Japan. There are 389 in China. Germany is 107, India is 102, Russia is 102, and Hong Kong is 99. Brazil, the UK, Canada, France, Italy, Taiwan, Switzerland, and Australia follow. It's like a ranking of international influence.
The world's top is Jeff Bezos of Amazon. It's the 20th year in a row. Divorce alimony of 4 trillion yen. What are you going to do with all that money?
Before that, it was Bill Gates.
The heads of GAFA are in the top 14.
ZARA's Amancio Ortega is in 6th place. LVMH is in 3rd place!!! GAFA or fashion are the top faces.
https://www.lvmh.co.jp/
In Japan, it's Fast Retailing or Yoshiaki Tsutsumi, founder of Uniqlo. Really?
Masayoshi Son is 3rd in Japan and 56th in the world. What do you think about Unicharm being 4th? Rakuten, Nitori, Mori Trust, ABC Mart, and Don Quijote are also in it.
The number of wealthy people in Japan is nearly 700,000, a 30% increase over the past 10 years, but Japan's GDP has hardly increased at all. Policies to revitalize the economy have contributed to attracting wealthy people, but this has not led to growth in the economy as a whole.
Trickle-down did not occur, internal reserves increased, and the money was returned mainly to executives. 037
Even today, royal families occupy a part of the wealthy class. 038
King Bolkiah of Brunei. House of Saud of Saudi Arabia.
Prince Hans Adam II of Liechtenstein
However, royal families are "the rich of the country". In the age of GAFA, they are the global rich. 043
Japan has not developed global companies in cutting-edge fields. It has not produced billionaires in proportion to the economic demand. 049
And the number of millionaires has increased dramatically. It now reaches 47 million.
The Chinese rich are influential. 058
The representative of the women's rich is TV personality and fashion model Kylie Jenner. 067
While many women are rich through inheritance, China's rich women are entrepreneurs.
The rich have been the creators of culture since ancient times.
In the third chapter, we see the reality of the new aristocratic culture that is now being created.
There is diversity between being conspicuous and not conspicuous.
Davos is a festival for the wealthy!
Amidst the greedy discussions, Japan's presence is weak. 096
And the wealthy's business is becoming established as a field.
The fashion world is becoming more and more monopolized. LVMH
The competition for donations is fierce. The reconstruction of Notre Dame Cathedral will be completed in no time.
Fashion, fine food, winemaking. Winemaking is the best hobby. Buy good Loire and make wine. It's also an investment target.
Art, yachts. Casinos.
Chapter 4 is about the dangers of a society of inequality.
Backdoor admission is an effort to solidify educational and class inequality by fabricating educational records. 189
The arrogance of doing such things without shame or dignity is widespread.
The tax system is also fragile. Tax havens, loopholes. The Panama Papers.
Public education and tax systems are the foundation of a democratic nation. Free and equal competition is already becoming an illusion.
It is difficult to go to a good university without a lot of financial power.
The movies "Crazy Rich Asians" and "Parasite" depict inequality. The semi-basements in South Korea were built as military shelters, but now they are homes for the poor.
What the COVID-19 pandemic has also revealed is the high mortality rate among black people. In other words, health disparities are occurring. "When America catches a cold, black people catch the flu." 204
The average life expectancy of black people is four years lower than that of white people.
In a society where money is the top priority, those with regulatory power that creates wealth are given preferential treatment. 226
The widening gap will be rolled back.
The author says in the "Conclusion," but I wonder if that is true. I don't think the poor today have the physical strength to do that. Isn't their self-esteem falling as they are shackled by the idea of personal responsibility?
Tolstoy said, "Happy wealthy people are all alike, but the poor are diverse." Can the diverse poor unite?
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