Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6839392538416230400
Eastern Socialist Capitalism: Reforming Parasitic Capitalism?
#China #Financial #Firms 3x #USA Starting #Quant Pay: https://lnkd.in/er6fWiSA
“When computing major Garen Zhou deferred his studies in the U.S. because of the pandemic, he applied for internships at China’s biggest internet companies. In the end, the Peking University graduate chose Ubiquant, a local hedge fund managing $8 billion of assets which is offering top college leavers like Ph.D.s annual salaries of as much as $300,000. After a year, Zhou became a permanent employee, giving up his enrollment at Johns Hopkins University.”
“The benefits of staying in this job far outweigh those of studying in the U.S. both in terms of knowledge and financial return,” said 23-year-old Zhou. For elite students in #ArtificialIntelligence and #ComputerScience, companies like Ubiquant offer triple the $100,000 sticker price for freshly minted college graduates on #WallStreet, illustrating a shift in global #financial #hiring driven by the pandemic and rising emerging market wealth.
#US #Financial #Firms Hike #Financial #Analysts Starting Pay to $100K: https://lnkd.in/erSdJqrK :
#China’s #Wealth #Redistribution for #CommonProsperity
https://lnkd.in/epV_nQnu:
“Income inequality in the country is wide — the richest 20% earn more than 10 times poorest 20% — and hasn’t budged since 2015…More recently, it’s taken aim at the upper end of the spectrum, with a crackdown on the technology industry, which has minted several billionaires, and criticism of the excesses of celebrity culture.”
Beyond #Economic #Rhetoric: #Equity vs #Equality:
Growing
#National #IntellectualCapital #HumanCapital #SocialCapital
Our United Nations Expert Paper: https://lnkd.in/ecdP6zB
#SocialistCapitalism https://lnkd.in/ekPg6kxm vs #ParasiticCapitalism https://lnkd.in/ev-nJ6DE :
https://lnkd.in/eDX-T8Jd:
#AdversarialCapitalism: https://lnkd.in/eunpNd-C
#USA The Best of Times for Top 1% and the Worst for Bottom 50%: The top 1% saw their net worth rise by about $4 trillion in 2020, capturing more than a third of all new wealth. https://lnkd.in/emHkXxHv
#USA: $50 Trillion In Wealth Transfers to Top 1%: The wealthiest 1% has taken $50 trillion from working Americans: “Each year, $2.5 trillion has been redistributed from bottom 90% of Americans to the wealthiest 1 %.”
https://lnkd.in/e6mZXg5q: https://lnkd.in/eAY_e6nq
#USA Is a CEO worth 1,000 times the median worker?
“The disparity in compensation is downright embarrassing.”
https://lnkd.in/eKAZrMyu
#US #CEO #Compensation: American CEOs make 351 times more than workers. In 1965 it was 15 to one:
https://lnkd.in/egAN5_HH
#Europe FTSE bosses earn 86 times more than average worker in 2020: https://lnkd.in/eWe_R992
Top Digital CEOs-CxOs Network: Global Risk Management Network LLC: We Create the Digital Future™: AI-ML-Cyber-Crypto-Quantum-Risk-Computing: MIT-Princeton AI-FinTech-Quant-Cyber-Crypto-Quantum SME: We Create the Digital Future™: https://lnkd.in/esk8PEp:
