Interestingly, China's employment system operates in stark contrast to that (perhaps even a polar opposite) -- employees are so disdainful about future prospects that they contribute to savings accounts, and related financial instruments, in droves. The combined value of such investments is staggering beyond comprehension.
Society is gridlocked in a similar fashion -- people are afraid to spend their money so much that the economy, on a national scale, is generally sluggish. Yes, extravagance is abound in the nouveau riche, however that is the exception rather than the rule.
There is a great fear that their new jobs will vanish on a moment's notice, and there is little faith in the social support systems.
Society is gridlocked in a similar fashion -- people are afraid to spend their money so much that the economy, on a national scale, is generally sluggish. Yes, extravagance is abound in the nouveau riche, however that is the exception rather than the rule.
There is a great fear that their new jobs will vanish on a moment's notice, and there is little faith in the social support systems.