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aries1988 : rich   16

How to Control Your Citizens: Opportunity. Nationalism. Fear. - The New York Times
“Today you have the largest bureaucracy in history, with a capacity to intrude in anything,” said William C. Kirby, a professor of China studies at Harvard. “It isn’t just ideology. There are now enormous numbers of interest groups that don’t like competition.”

For guidance, Mr. Ni often looks to Jack Ma, the executive chairman of Alibaba, who is China’s richest man and a cultlike figure among many businessmen. Mr. Ni is currently enrolled in a business school program that Mr. Ma established to cultivate China’s next generation of entrepreneurs.

Over the years, Mr. Ma has spoken publicly about the push-pull relationship between private companies and the government, though there is one piece of his advice for entrepreneurs that Mr. Ni seems to have especially taken to heart: “Fall in love. But don’t marry.”

part of it was something deeper: a desire to help the country catch up with the West and to reconnect with her Chinese roots.

Exposed to liberal democracy, Ms. Hua’s generation was supposed to be the one that demanded it at home. Middle-class Chinese students poured into universities in the United States and Europe — then seen as the most promising path to wealth and prestige — and some Western analysts predicted that they would return to China as a force for political change.

Like many other middle-class parents, Ms. Hua worries about repression and rampant materialism in Chinese society. Yet many of these parents say they want their children to see themselves as Chinese above all else — to understand China’s roots as an agrarian society and to have a sense of pride in the perseverance of the Chinese people through decades of poverty and strife.

Even as some analysts argue that China’s success has more to do with the resilience of its people than the Communist Party and its policies, leaders have been adept at shaping a politicized nationalism that reinforces the primacy of the party — and defends the authoritarian model as the best bulwark against chaos.

“Chinese nationalism binds the people with the state, not to each other,” said Minxin Pei, a professor of government at Claremont McKenna College.
entrepreneurial  china  jiangsu  portrait  rich  conflict  state  parents  children  education  identity  chinese 
november 2018 by aries1988
The courting of China’s powerful princelings
Still, Ms Ye and her contemporaries are careful to keep a low profile and live relatively plain lives. Although a great car enthusiast, she prefers to drive a low-key SUV and has a comfortable and fairly understated lifestyle.

“My grandfather and his generation were idealists and they created the new China from scratch,” Ms Ye says. “Even if times are different and the ideology has changed, it is still up to my generation to honour their memory with our actions and through our contributions to society.”
reportage  chinese  rich  entrepreneurial  revolution 
october 2017 by aries1988
What the Rich Won’t Tell You - The New York Times

We often imagine that the wealthy are unconflicted about their advantages and in fact eager to display them. Since the economist Thorstein Veblen coined the term conspicuous consumption more than a century ago, the rich have typically been represented as competing for status by showing off their wealth.

Yet we believe that wealthy people seek visibility because those we see are, by definition, visible. In contrast, the people I spoke with expressed a deep ambivalence about identifying as affluent. Rather than brag about their money or show it off, they kept quiet about their advantages. They described themselves as normal people who worked hard and spent prudently, distancing themselves from common stereotypes of the wealthy as ostentatious, selfish, snobby and entitled. Ultimately, their accounts illuminate a moral stigma of privilege.

American culture has long been marked by questions about the moral caliber of wealthy people. Capitalist entrepreneurs are often celebrated, but they are also represented as greedy and ruthless. Inheritors of fortunes, especially women, are portrayed as glamorous, but also as self-indulgent.
rich  usa  mentality  society  book  money  inequality 
september 2017 by aries1988
Armageddon architecture: upmarket bunkers for the worried wealthy
The latest real estate trend among internet billionaires and hedge fund tycoons is, apparently, buying bunkers. These individuals, who have made fortunes by disrupting the present, predicting the future and then making that future happen through trades, algorithms and tech innovations, are preparing for the end of civilisation.

This new group of tech-savvy survivalists prefers the name “preppers”. It implies something preppier than the redneck gun-nuts in battered pick-ups with whom they might otherwise be confused.

The “Penthouse” units, comprising 3,600 sq ft of living space spread over two storeys, start from $4.5m. LED screens offer a window on to a fantasy outside world of trees and waterfalls (not the actual, frazzled and burnt-out landscape). The communal facilities include a climbing wall, dog park, pool, cinema and shooting range (of course). They also provide hydroponic and aquaponic agriculture and aquaculture, and the machinery to filter air and water indefinitely. These are bunkers for the long haul: five years or more completely off-grid.
architecture  survive  disaster  rich 
april 2017 by aries1988
Egg-fried rice recipe from Every Grain of Rice by Fuchsia Dunlop | Cooked

When making fried rice, it is vitally important to use rice that has cooled completely (it is best to use rice cooked the previous day).
rich  egg  recette  chinese 
march 2017 by aries1988
Conspicuous Consumption? Yes, but It's Not Crazy
Clearly, many rich people like to display their incredible wealth. Yet, generally, they think they know value when they see it.

Throughout the 1980s, for example, BMW and Mercedes-Benz were leaders in the market for sedans costing up to about $70,000. But wealthy motorists eventually found more choices when respected reviewers assured them that the Toyota brand Lexus offered a better car in many respects.

Each day, for instance, many of us consume espresso brews priced at what would be almost a week’s wages in other parts of the world. We’d be offended if someone described these purchases as attempts to display our wealth. And we’d be puzzled if someone said we’d buy even more lattes if our favorite cafe were to raise its prices. The coffee just tastes better, we’d say, and we’re willing to pay a premium for that.

That goal will remain elusive until we recognize that the wealthy are essentially similar to the rest of us. They just have a lot more money.
rich  money  behavior  explained  consumer  value 
november 2014 by aries1988
opinion  rich  people  history 
july 2013 by aries1988
A New Yorker Interactive
data  infographics  economy  rich  newyorker 
april 2013 by aries1988


chinese  rich 
december 2012 by aries1988
The world in 2060: The OECD's forecasts | The Economist
Daily chart: How countries' per person will compare in 2060 Even so the Chinese and Indians will still be much less well-off than Americans (see chart). The same forecasts show GDP per person in China at 59% of that in America; in India it will be only 27%. And Americans will increase their lead over the citizens of some developed countries like France and Italy.
europe  future  numbers  usa  economy  comparison  gdp  rich 
november 2012 by aries1988

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