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Originally Posted by itvnetop
Hence the aforementioned social apathy. And I've never believed that being a social force and making money were mutually exclusive. Thankfully, we're starting to see a shift away from this antiquated perspective.
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I still think that collectivism has less to do with it than just plain old indifference for "non-issues". Take care of yourself, then engage in beggary and faux philosophizing.
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About as risky as entrepreneurial endeavors- extremely popular among AAs. It's just that immigrant parents/1st generations categorize my examples as non-tangible risks, for whatever reason.
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And oftentimes entrepreneurs have acquired certain skills that those pansy subjects do not foster and require. They likely could enter a job market that requires specialized knowledge or skills that usually are obtained through an education
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And since when did Asians (foreign or domestic) fear risk? Vegas or Macau, anyone?
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Can't piss away money if you don't have it in the first place. If they're burning away renminbis at such rates with the high ass interest rates they charge in Macau, I think it's safe to assume that portion of the population is relatively well off. They still might treat non-gambling transactions differently because humans behave irrationally like that.
Penny-pinching is pervasive. Practically every boy and girl from China knows how to cook and they will do so to save that extra 5-6 dollars a day from getting a $6 fast food meal or 10.50 dinner at a restuarant. The "savings rate" of China is pretty high as well.
Essentailly, it's about the perception about how strong the "sink node" for money over time is in a particular industry. If the job at hand does not suck in money strongly and consistently enough, committing resources fully(i.e pursuing a degree in Theatre, Political Science, or Journalism) towards a career track in that industry is discourage.
Entertainers are essentially beggers if they cannot capture a wide enough audience. And after capturing market share, the market is extremely fickle. Unless you're monstrously skilled like Yundi Li, you are going to live off of subsidies and/or struggle to make a large amount of income.
Media people do not require much "hard skill" acquisition, which means if you're out of a job, you're dead as a dodo. Writing for a paper? Unless you're damn good, you're not going to strike it big. Reporter? Good luck in that market. Hot chicks and old, established vets, established folks dominate. It's a competition you're not likely to win.
And politics, the very subject matter is absolutely a waste of time in which you essentially become a viewpoint monger unless you're into that stuff.