2024. 10. 29. 01:48ㆍU.S. Economic Stock Market Outlook
Maso CEO Born in 1967
Nvidia CEO Born in '63
Apple CEO Born in 60 Years
Amazon CEO Born in 1968
Alphabet CEO Born in '72
Meta CEO Born in 1984
Broadcom CEO Born 53
Berkshire Hathaway CEO Born in 30 Years
Eli Lilly CEO Does Not Publicize Outside (presumed to be born in 1966)
JPMorgan CEO Does Not Publicize Outside
Looking at the age of top 10 corporate CEOs in the S&P 500, they are almost in their mid-50s or higher except for Meta's Zuckerberg.
There was once a CEO craze in his 40s, but considering the fact that tech companies are the center, the age is not small. It's an era where American companies command the world again, but does this mean that it may not last forever? Or does it mean that the 50s and 60s in the United States are much younger in thought and sense than their seniors? I summarized it by mainly citing the contents of Piketer's book in the previous POSTING. In other words, it is absolutely necessary to increase the progressive tax. However, according to Angus Ditton, imposing taxes is a good thing, but the key is to stop the extortion.
It's extortion..
A case in point is rent-seeking (RENTSEKING). If you raise prices while maintaining a monopoly or oligopoly, your wealth increases, but no new wealth is created. This form of extortion was seen.
A case in point is the many strategies seen in large businesses that dominate the market. If a small business succeeds, it is possible to invest capital to grow its businesses and bring them down in a number of cases, an example of extortion.
Rent-seeking is rampant in South Korea, such as using its monopoly position in the market to prevent imports and entry into the market...
Angus Teaton saw it as more important to prevent such extortion than a progressive tax.