Word: wealth
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Even in China, autocratic state capitalism has an uncertain future. The story of Asia's economic boom tells us that democracies tend to follow wealth. Asians have demanded more political rights with their expanded economic opportunity. That's what happened in Taiwan, South Korea and Indonesia, all dictatorships turned stable democracies. China believes it can build a full-fledged market economy while leaving its politics unchanged. So far it has. But as China gets richer, can its ruling class survive the forces that undermined autocratic regimes elsewhere in Asia...
...there’s a major redistribution of wealth we could see a structural change, but I don’t see that as a major issue,” he said...
Gates’ pledge is atypical in the field of global health. Manifest in his massive donation is the will of an individual who is acting with almost full agency, thanks in part to his own considerable wealth. This has obvious benefits: A single person can often move much more quickly than some of the less agile organizations involved in global health, since they do not have to contend with the same political forces and special interests. Gates’ immense wealth grants him a type of influence in the field that resembles state power, but unlike the decisions...
...Some smugglers who have amassed wealth have become self-styled Robin Hoods of the desert, delivering food and blankets to the forgotten poor - many of whom still live without water or electricity in huts built of twigs among the dunes. "I'll bring a doctor tomorrow," promises Mohamed, one of Sinai's most powerful arms smugglers, after hearing the plea of a woman and her sick father living in a fly-infested dwelling of trash and debris, miles from any village...
There are two versions of Harvard that the current Harvard is trying to reconcile. One Harvard is the Old Harvard. The Old Harvard was good. It was the Harvard of the Core Curriculum, exams after winter break, incredible prestige, great wealth, and easy spending. Sure, it had its problems, but the Old Harvard was in no rush to fix them...