Today, Asia’s 15 richest families control over $400 billion in wealth. Many family dynasties have shaped Asia’s economy—from energy conglomerates to banking empires. In many ways, this was supported by social capital and long-term planning often built into family business structures. The above...
They define an analytical framework called the “propaganda model” and note, “A propaganda model focuses on this inequality of wealth and power and its multilevel effects on mass-media interests and choices. It traces the routes by which money and power are able to filter out the news fit...
For example, newly retired people, with greater wealth and better health than their parents are probably more able to satisfy their ambitions of recreational and traveling activities by adopting a lifestyle that is filled with modern stuff of leisure and comfort [19]. Literature on household ...