Wealth Flaunt: a Coming Monster
Nowadays, Chinese rich youngsters are crazy about luxury products — imported French handbags and perfume, Italian sports cars and so on. They pursue the latest fashion and travel in their private jets. They spoil plenty of money on such luxury products instead of making donations to the poor via charities. What’s more, the newly rich young people prefer to flaunt their wealth with posting pictures of their luxury products or making some comments about their extravagant life on the Internet. A typical example is concerning a Chinese girl called Guo Meimei. Guo Meimei has become a recent Internet sensation in China recently and a prompted national scandal when she posted photos of herself on her own micro blog posing with her collections of imported Hermes handbags and showing off her white Mercedes sports car and her boyfriend’s orange Lamborghini car. Her pretentious behavior irritated the majority of internet users, and spelled innumerable criticism for herself.
It seems to be creating headaches for Chinese governmental officials who are facing growing discontent over a widening income gap after three decades of exhorting their residents to get rich. Without any doubt, wealth flaunt will sharpen the annoying situation. Obviously, such behavior will be an obstacle to the ultimate establishment of a harmonious and sustainable society.
Why does wealth flaunt become increasingly common?
From my point of view, wealth flaunt is not an isolated and pure phenomenon. Wealth flaunt is linked to our some twisted values and our country’s some existing economic policy.
On one hand, since China embarked on the path of Reform and Opening-up, the speed of economy growth is always very highly sharp in China and the income level of the residents also improves quickly. But the fear is that we have noticed a decline of moral values. A small part of the population has become money-oriented. They possess a lot of money, but they misunderstand the true value of money. Some of the rich people interpret the money as superiority to the ordinary people, besides; they flaunt their wealth so as to show off their so-called “status” and “dignity”. Such people take for granted that money is omnipotent, furthermore, they can obtain everything they desire with money. For example, just recently, a young female undergraduate was killed in a terrible accident in Zhejiang which was caused by the drag racing between two young rich men whom we usually call “the second rich generation”. Outrageously, the two perpetrators were just intended to compensate lots of money to the family of the victim without apologizing formally. The young men thought that they could solve any problem with enough money. As a consequence, numerous people criticized the young men for their shameful behavior which was considered as wealth flaunt. After all, the deviation of some people’s mind and values and loss of the morality lead
to the irritating phenomenon.
On the other hand, although we are at a time when Europe and the United States are still struggling with stagnant economy, China has emerged as the premier long-term market for luxury products. For example, Chinese bought $12 billion in luxury goods last year, according to Ministry of Commerce statistics. China will account for 20 percent of all worldwide luxury sales by 2015, according to the McKinsey and Co. management consulting firm. As the global economy deteriorates, China tries to accelerate its shift to a more consumer-led growth model. Some official leaders consider luxury items as a lucrative revenue source. But at the same time, they don’t want to promote luxury because they are worried people who cannot afford it will see the advertisements and feel unfair. Moreover, they don’t want to limit luxury products because it’s of great benefits for the economy. Subsequently, Chinese officials are facing a dilemma. In addition, writer Liang Xiaosheng has written a book called “analysis of all sectors of Chinese society” to criticize the brutality of China's contemporary capital accumulation. Nowadays in China, the wealth is controlled by a small number of people, and wealth is not evenly distributed in our society. For this reason, the uneven distribution of wealth causes many problems.
What should we do with the challenge?
For one thing, during the social transferring period, there is no time
to delay strengthening the moral construction. We must stress the education of ethics to solve the problem that cannot be solved by law. In that case, we can promote people’s all-round development. For instance, our schools should offer ethics courses aimed at guiding youth to set up the right value concept. Moreover, we can regularly carry out ideological and moral -depth educational activities, so we can cultivate a healthy and positive ethical atmosphere.
For another thing, social wealth should be distributed evenly. The ultimate goal of development is to improve the livelihoods of all people, rather than some. The eradication of poverty is of great complexity, which needs universal efforts and a brand-new development pattern. To help impoverished people shake off poverty should be the joint responsibility of
various local governments and the people of the whole country. Premier Wen Jiabao said, "It must be unfair when a society’s wealth is in hands of a few people, and in that case,
the wealth is
hardly
should the society must be unstable.”If in a country, most of concentrated in the hands of witness harmony and stability. the few, The then this country can government
accelerate economic restructuring and adjustment of
the industrial structure. What’s more, the relevant officials should adjust interest -distributing relationship aimed at achieving common prosperity
and social harmony.
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