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  1. #1
    Thailand Expat tomcat's Avatar
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    Thai Elites Doing Well, Thank You

    ...those with surnames that translate to "health, happiness, pork" essentially own the country while sons and daughters of paddy plodders excel in thuggery, superstition and liver flukes:

    https://www.bangkokpost.com/business...ountry-in-2018

  2. #2
    ความรู้ลึกลับ HuangLao's Avatar
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    To be expected.
    Systems of deep patronage and class orientation.

    Been of this nature for ages.

  3. #3
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    "To solve the problem, he suggested neoliberalism and welfare to push both growth and wealth distribution. "

    But first, the impossible; Do away with a social and education system designed by those top 5% that institutionalises deference to the elite.


    ^ Yes, same thig I was referring to, sorta.

  4. #4
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    Quote Originally Posted by tomcat View Post
    ...those with surnames that translate to "health, happiness, pork" essentially own the country while sons and daughters of paddy plodders excel in thuggery, superstition and liver flukes:

    https://www.bangkokpost.com/business...ountry-in-2018
    yep, a great system. Our democracies have still a lot to learn, but we are getting there, slowly but surely.

  5. #5
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    pseudolus's Avatar
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    Quote Originally Posted by Maanaam View Post
    Do away with a social and education system designed by those top 5% that institutionalises deference to the elite.
    they are only following the west anyway.

  6. #6
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    “In 2016, the 1% richest Thais (500,000 people) owned 58.0% of the country’s wealth. In 2018, they controlled 66.9%, overtaking their peers in Russia whose wealth share fell from 78% to 57.1%,” he wrote.
    Hopefully, after the election (in Thailand), it will be even better...

    Perhaps the figures will come close to the most democratically elected govts in the world (please no names here) where the wealth is distributed also more democratically (and no Food Stamps are distributed either)...

    (Hopefully, the Credit Suisse got all the figures for their calculations right...)

  7. #7
    Thailand Expat misskit's Avatar
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    NESDB refutes validity of Credit Suisse wealth disparity report

    BANGKOK, 7th December 2018 (NNT) - The National Economic and Social Development Board (NESDB) has refuted a recent Global Wealth Report by Credit Suisse, saying its ranking of Thailand as the country with the highest wealth disparity is based on obsolete data

    Deputy Secretary-General of the NESDB, Danucha Pitchayanan says the Global Wealth Report 2018 by Credit Suisse uses complete data for only 35 countries, most being developed countries. He said data used on Thailand's wealth distribution was as old as 2006, resulting in inconsistencies and was not in accordance with international standards.

    Thailand uses a GINI Coefficient Index to measure its wealth distribution according to World Bank standards. In 2015, Thailand's wealth disparity ranking increased from 46 to 40. The country's income disparity decreased from 49.9% in 2007 to 45.3% in 2007. Meanwhile, expenses also decreased from 39.8 to 36.4% as the gap between the lowest and highest income continued to narrow.

    Mr Danucha revealed that the NESDB has created a database of low-income earners with information on their area of residence, income, and principal needs in order for the government to devise assistance policies accordingly.


    National News Bureau Of Thailand | NESDB refutes validity of Credit Suisse wealth disparity report

  8. #8
    ความรู้ลึกลับ HuangLao's Avatar
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    Quote Originally Posted by pseudolus View Post
    they are only following the west anyway.

    Never suggest the artful dance of truth here.
    They'll be calling you a heretic and cultural traitor.


  9. #9
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    I'm not surprised that Prayut quickly ordered a refutation. And it was bound to have come from Prayut. Election coming up and all.


    Quote Originally Posted by Klondyke View Post
    Should be in the thread below:
    FTFY. And if I recall, that report mentioned the Credit Suisse report is corroborated by the GINI coefficient.
    Quote Originally Posted by misskit View Post
    Thailand uses a GINI Coefficient Index to measure its wealth distribution

  10. #10
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    Quote Originally Posted by pseudolus View Post
    they are only following the west anyway.
    Really? In the UK do kids have weekly instruction on how wonderful Queen Elizabeth is and her forebears before her? Are the kids taught to never disrespect a government official? If someone stood on a soapbox in Trafalgar Square and shouted crtical remarks about Theresa May, would they be arrested, possibly never to be seen again?

  11. #11
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    Quote Originally Posted by Maanaam View Post
    Really? In the UK do kids have weekly instruction on how wonderful Queen Elizabeth is and her forebears before her? Are the kids taught to never disrespect a government official? If someone stood on a soapbox in Trafalgar Square and shouted crtical remarks about Theresa May, would they be arrested, possibly never to be seen again?
    Quite right, Maanaam. There are a number of ills at the current moment in the UK with what we are going through, but it's nothing even remotely comparable to the pervasive decay that has infested governments in SE Asia for so long and where people are regularly locked up for having the temerity to disagree with the powers that be.

  12. #12
    Thailand Expat tomcat's Avatar
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    Quote Originally Posted by hallelujah View Post
    but it's nothing even remotely comparable to the pervasive decay that has infested governments in SE Asia for so long and where people are regularly locked up for having the temerity to disagree with the powers that be.
    ...agree: Third World laws, traditions and bureaucracies have not kept pace with Second World economies...

  13. #13
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    Quote Originally Posted by tomcat View Post
    Second World economies
    What are they? Failed Soviet states from decades ago? Are you suggesting Thailand should have a "second world" economy?

  14. #14
    Thailand Expat tomcat's Avatar
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    Quote Originally Posted by Maanaam View Post
    What are they?
    ...economies like Malaysia, Thailand and others that have managed imported industrial assembly and other economic advances, but do little of their own research to continue growth to First World economies...many economies are "trapped" in Second World status due to inefficiencies in education, planning, economic vision, etc...

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