Anand Giridharadas, a former New York Times columnist, has observed that in terms of income increase since 1980, “that of the top 1 percent has more than tripled and that of the top 0.001 percent has risen more than seven-fold – even as the average pretax income of the bottom half of Americans has stayed almost precisely the same.” But the wealthy are not satisfied with seizing more wealth. The wealthy have seized most of the new wealth. What’s the evidence for this claim? It’s massive. Teddy Roosevelt also warned, “of all forms of tyranny, the least attractive and most vulgar is the tyranny of mere wealth, the tyranny of a plutocracy.” Yet despite these warnings, America has gone from a democracy towards becoming, for all practical purposes, a plutocracy, moving away from a government of the people, by the people and for the people to a government “of the 1%, by the 1% and for the 1%,” as noted by the Nobel Laureate Joseph Stiglitz. In Plato’s Republic, Socrates warned of the dangers of selecting captains of ships by their wealth. It provides nutrition to form your own thoughts and ideas through a 45-minute live debate and interviews.Throughout human history, wise men have warned of the dangers of plutocracy. It is the meeting point of both the highly influential and rising voices, facilitated by host Tian Wei. World Insight with Tian Wei is an international platform for debate and intelligent discussion. And you will find the ASEAN countries was far more careful and pragmatic in their calculations," he said. And I think it's very clear that ASEAN countries don't want to be caught to take sides in this contest. "Iit's very important that ASEAN countries have good relationship with their most important neighbor-China. tries to use "The Quad." But he asserts, "it is very unlikely that any ASEAN countries will join 'The Quad'." just looks for allies as China is emerging, and the U.S. for the ASEAN countries, Mahbubani thinks that the U.S. When it comes to the foreign policy direction of the U.S. On the other hand, ASEAN countries are struggling with the right consensus. And there were talks about the ASEAN countries may join in. Some say there are already some divisions in the Asia-Pacific region, to say the least, forming the so-called "The Quad." For example, Japan, Australia, together with the United States. And that should be the common goal after this presidential election race is over. on improving the well-being of the people at the end of the day, only if the both countries focus on improving the well-being of its people. So he thinks after the elections, there will be deeper reflections within the American politics on what has really gone wrong in the United States.īesides, Mahbubani is quite optimistic about the cooperation between China and the U.S. is the only major developed society where the average income of the bottom 50 percent has come down over 30 year period. Mahbubani says that the more Americans recognize they just become a plutocracy, the more likely it is they can find a solution to their problem. In term of the discourse, he argues that the simple answer is plutocracy. to examine why livelihood of the bottom 50 percent hasn't gone up. And Mahbubani thinks it is crucial for U.S. have done very well over the last 30 or 40 years. A plutocracy is the government of the 1 percent, by the 1 percent, for the 1 percent."Īccording to him, the elites in the U.S. Mahbubani explains, "the U.S., which used to be a democracy, which is a government of the 100 percent, by the 100 percent, for the 100 percent, and sadly today's U.S. He warns that certainly something has gone profoundly wrong within the American society. Now the whole world is watching which direction the U.S. Throughout his first term, President Donald Trump has been intent on reshaping American government and refocusing its foreign policy in an unprecedented manner. presidential election pitting two radically different visions against each other, the race to the White House this year is all set to be a watershed moment in the nation's history. "Today, U.S., sadly, has become a plutocracy," laments Kishore Mahbubani, distinguished fellow from Asia Research Institute, at the National University of Singapore, to CGTN host Tian Wei.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |