The long read: Once a stalwart of Hong Kong’s journalism scene, Wang Jian has found a new audience on YouTube, dissecting global politics and US-China relations since the pandemic. To his fans, he’s part professor, part friend
A very interesting and insightful take from a foreign journalist on the outside looking in.
Clearly they’re not referring to that type of wealth.
This straw man is favored by conservatives, so to be clear: On the left when we refer to the problem of “generational wealth” we typically aren’t concerned with pedestrian forms of inheritance like a family farm, a house, leftover retirement savings, and so forth. We have in mind the kind of dynastic inheritance that far exceeds the surplus of many lifetimes of labor, since it begets our current crop of billionaire global elites, individuals completely detached from the experience of their fellow man yet powerful enough to control markets and topple democracies.
We can quibble over where to draw that line, but deliberately misinterpreting someone to inject a leftist idea is not how we win anyone over.
Implying that wealth comes from hard work, nice one lol
Clearly they’re not referring to that type of wealth.
This straw man is favored by conservatives, so to be clear: On the left when we refer to the problem of “generational wealth” we typically aren’t concerned with pedestrian forms of inheritance like a family farm, a house, leftover retirement savings, and so forth. We have in mind the kind of dynastic inheritance that far exceeds the surplus of many lifetimes of labor, since it begets our current crop of billionaire global elites, individuals completely detached from the experience of their fellow man yet powerful enough to control markets and topple democracies.
We can quibble over where to draw that line, but deliberately misinterpreting someone to inject a leftist idea is not how we win anyone over.