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WORLD WAR III
See other WORLD WAR III Articles

Title: Billionaire Cartier Boss Warns of Imminent Uprising, ‘Envy, Hatred’ of Poor People
Source: NextShark
URL Source: http://nextshark.com/johann-rupert-social-warfare-warning/
Published: Jun 11, 2015
Author: Riley Schatzle
Post Date: 2015-06-11 04:27:16 by Willie Green
Keywords: None
Views: 4487
Comments: 27

johann rupert

The chairman of one of the world’s biggest luxury conglomerates is apparently deeply worried about where civilization is heading and what it means for his clients.

Johann Rupert, the founder and chairman of Richemont — which counts Cartier, Piaget and Montblanc among its business holdings — gave a speech that held several dystopian warnings pertaining to the coming future at the recent Financial Times Business of Luxury Summit in Monaco, reports Bloomberg.

The 65-year-old Rupert, who has an estimated net worth of about $7.5 billion, seemed deeply perturbed about the impending disappearance of the middle class due to robotics and artificial intelligence, which he said would “put hundreds of millions of people out of work.”  Rupert asked:

“How is society going to cope with structural unemployment and the envy, hatred and the social warfare? We are destroying the middle classes at this stage and it will affect us. It’s unfair. So that’s what keeps me awake at night.”

He added:

“We cannot have 0.1 percent of 0.1 percent taking all the spoils. It’s unfair and it is not sustainable.”

Among the 20 biggest shareholders in Richemont, Rupert obviously belongs to the portion of the population indirectly affected by the impending dysfunctionality of the middle class. He said:

“We are in for a huge change in society. Get used to it, and be prepared. Hopefully we will survive it, because we’re planning for it.”

The conference concluded in Monaco, where one in three of the population are millionaires, according to 2014 report from net wealth research firm WealthInsight.

According to a recent Oxfam report, the wealthiest 1% will own more than half of the world’s entire wealth by 2016.

Richemont elected not to return requests for comment.


Poster Comment:

The rich get richer and the poor get poorer.(1 image)

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#1. To: Willie Green, All (#0)

The 65-year-old Rupert, who has an estimated net worth of about $7.5 billion, seemed deeply perturbed about the impending disappearance of the middle class due to robotics and artificial intelligence, which he said would “put hundreds of millions of people out of work.”

So let's stop all technological progress, no, let's reverse all technological progress and return to earlier time to strike just that right balance in a controlled society where manual labor and human brainpower sustains a middle class that cannot adapt to the natural development of the quailities of education and skills that are the essence of the value of a man's labor. Yeah, that's what we need more uber government control. Now the first thing is for government to determine is exactly what percentage of the population will be designated middle class and implement a selection process to populate that percentage. Next the government must determine exactly how much of the world's wealth this class shall own. Yeah, this will eliminate all envy and hatred.

потому что Бог хочет это тот путь

SOSO  posted on  2015-06-11   10:28:08 ET  Reply   Trace   Private Reply  


#2. To: SOSO (#1)

Yeah, that's what we need more uber government control. Now the first thing is for government to determine is exactly what percentage of the population will be designated middle class and implement a selection process to populate that percentage.

Why not? The stupid market is not doing this.

Pericles  posted on  2015-06-13   22:44:17 ET  Reply   Trace   Private Reply  


#3. To: Willie Green (#0)

According to a recent Oxfam report, the wealthiest 1% will own more than half of the world’s entire wealth by 2016.

More socialist occupy bullshit.

So how do you fix a system where you hate the hard working and you feel sorry for the lazy.... socialism.

Every society gets the kind of criminal it deserves. What is equally true is that every community gets the kind of law enforcement it insists on. Robert Kennedy

GrandIsland  posted on  2015-06-13   23:59:29 ET  Reply   Trace   Private Reply  


#4. To: Pericles (#2)

Yeah, that's what we need more uber government control. Now the first thing is for government to determine is exactly what percentage of the population will be designated middle class and implement a selection process to populate that percentage.

Why not? The stupid market is not doing this.

Thank you, Vladimir.

потому что Бог хочет это тот путь

SOSO  posted on  2015-06-14   0:07:42 ET  Reply   Trace   Private Reply  


#5. To: SOSO (#4)

What will happen when automation replaces many human labors? In a few years no need for airline pilots, taxi drives, bus drivers, truck drivers and that is just one field.

Pericles  posted on  2015-06-14   1:03:41 ET  Reply   Trace   Private Reply  


#6. To: GrandIsland (#3)

The "lazy" are the parasitic 1% who own everything and suck the lifeblood out of people who actually work for a living.

Some people march to a different drummer - and some people POLKA.

Willie Green  posted on  2015-06-14   9:21:20 ET  Reply   Trace   Private Reply  


#7. To: Willie Green (#6)

The "lazy" are the parasitic 1% who own everything and suck the lifeblood out of people who actually wo

Income EQUALITY is SOCIALISM.

Spend your own money making your bleeding heart mend.

Every society gets the kind of criminal it deserves. What is equally true is that every community gets the kind of law enforcement it insists on. Robert Kennedy

GrandIsland  posted on  2015-06-14   9:52:38 ET  Reply   Trace   Private Reply  


#8. To: GrandIsland (#7)

Actually, income equality is communism, doofus...
socialism merely regulates market forces to provide less income disparity.... and that's a GOOD thing since the top 1% really don't work hard enough to actually earn that much excess wealth... they need to be taxed more heavily so that the wealth can be used for the common good.

Some people march to a different drummer - and some people POLKA.

Willie Green  posted on  2015-06-14   11:04:43 ET  Reply   Trace   Private Reply  


#9. To: Willie Green (#0)

We are destroying the middle classes at this stage and it will affect us. It’s unfair. So that’s what keeps me awake at night.”

Then stop government mandates, subsidies and social engineering!

Government is the problem not the solution!

We are becoming a class of mindless workers instead of businessmen. When only a few own all the businesses they will bring in cheaper workers from Mexico and China who will work for food! They will not mind working 80 hours a week with no vacation or pension! Upper class don't mind paying people not to work because in the end they can get the immigrants to kill you when they remove the welfare state!

Justified  posted on  2015-06-14   12:38:08 ET  Reply   Trace   Private Reply  


#10. To: Pericles (#5)

What will happen when automation replaces many human labors? In a few years no need for airline pilots, taxi drives, bus drivers, truck drivers and that is just one field.

I don't know how old you are but my college days were in the early '60s. I remember hearing more than once then that in the next 25 years or so because of technology we would have so much more leisure time that we will not know what to do with it. That hasn't happened, has it? The people that were making buggy whips in the late 1800's are now doing something else for a living.

So, what will happen when automation replaces many human labors?

потому что Бог хочет это тот путь

SOSO  posted on  2015-06-14   13:36:51 ET  Reply   Trace   Private Reply  


#11. To: Justified, GrandIsland (#9)

buckeroo  posted on  2015-06-14   13:53:53 ET  Reply   Trace   Private Reply  


#12. To: SOSO (#10)

I don't know how old you are but we are already living in this automated age and what this billionaire is talking about is already happening. We have historic unemployment that is systemic. We are working more and paid less because it is a 'buyer's market' for employers. That is why the benefit of this projected leisure time has not materialized more than anything else.

I even read a report that there maybe less need for doctors or nurses in the near future based on medical diagnosis machines being worked on.

Pericles  posted on  2015-06-14   16:58:42 ET  Reply   Trace   Private Reply  


#13. To: Pericles (#12)

I don't know how old you are but we are already living in this automated age and what this billionaire is talking about is already happening. We have historic unemployment that is systemic. We are working more and paid less because it is a 'buyer's market' for employers. That is why the benefit of this projected leisure time has not materialized more than anything else.

I even read a report that there maybe less need for doctors or nurses in the near future based on medical diagnosis machines being worked on.

Where did you get this tripe, from the up-dated Marxist advocacy manual?

When I go to department stores or hardware stores and see "made in China" on 1/3 of the goods on the shelves, when I hear of bridges being built with Chinese steel,, or see the number of vehicles on the road with foreign manufacturer's names written on them, it destroys the "systemic" premise in your argument.

There will be no decrease in need for medical personnel because the variety of medical tests, and the need to interpret them competently has exploded in the last 30 years.

Capish?

I have written on this subject before, and more thoroughly, here.

rlk  posted on  2015-06-14   18:05:28 ET  Reply   Trace   Private Reply  


#14. To: rlk (#13)

Medical tests can now be done without doctors.

Pericles  posted on  2015-06-14   20:19:13 ET  Reply   Trace   Private Reply  


#15. To: Pericles (#14) (Edited)

Medical tests can now be done without doctors.

Yes simple ones like blood sugar and weight gain. But try doing a medical test which uses the equivalent of electrophorisis chromatography or microscopic examination at home, dumbass.

rlk  posted on  2015-06-14   21:01:10 ET  Reply   Trace   Private Reply  


#16. To: rlk (#15)

Yes simple ones like blood sugar and weight gain. But try doing a medical test which uses the equivalent of electrophorisis chromatography or microscopic examination at home, dumbass.

So now technology won't advance?

Pericles  posted on  2015-06-14   23:06:52 ET  Reply   Trace   Private Reply  


#17. To: Pericles (#14)

Medical tests can now be done without doctors.

One of our local M. D. practices also runs a medical test lab that services a 40 mile wide area. One can look in the window and see a series of chemical diagnostic equipment arrayed from here to there. You can't do that at home.

When I go to a major hospital, they will take from three to five syringes full of blood. One of them goes into a rotor. The others go into specialty instruments that analyse for other factors. You can't do that at home in the Kitchen sink.

You and I don't get along. We will never get along. You seem to know nothing about medicine, politics, ecomomics, the sociology of law, the physical sciences, the behavioral sciences or anything else. Your strong point is being a noisy countercultural juvenile irritant who confuses ability to talk with capacity to reason. If your verbal discourse contains unexamined or faulty premises, then employs fallacies of logic, no matter how grammatically correct or impressive it is, it is fundamentally psychobabble.

rlk  posted on  2015-06-14   23:30:04 ET  Reply   Trace   Private Reply  


#18. To: rlk (#17) (Edited)

Once again, in the near future automated systems will do away with many jobs including jobs we consider highly skilled like pilots and medical professionals.

http://fortune.com/2012/12/04/technology-will-replace-80-of-what-doctors-do/

Technology will replace 80% of what doctors do

http://www.washingtonpost.com/blogs/innovations/wp/2014/07/21/were-heading- into-a-jobless-future-no-matter-what-the-government-does/

We’re heading into a jobless future, no matter what the government does

Pericles  posted on  2015-06-14   23:52:37 ET  Reply   Trace   Private Reply  


#19. To: Pericles, stoner (#16) (Edited)

So now technology won't advance?

Technology may advance, but you won't. You'll die the same counteral asshole and juvenile irritant loser you are now.

Mit der Dummheit kämpfen Götter selbst vergebens, observes one of Schiller’s characters sagely: “Against stupidity the gods themselves struggle in vain.” To engage in further communication with you would make me a loser also.

Bye bye.

rlk  posted on  2015-06-15   0:04:05 ET  Reply   Trace   Private Reply  


#20. To: rlk (#19)

I provide articles to back up my assertions and you run off like a cry baby.

Pericles  posted on  2015-06-15   9:33:12 ET  Reply   Trace   Private Reply  


#21. To: Pericles, stoner (#20) (Edited)

I provide articles to back up my assertions

Sonny boy, anybody can write articles without thinking. Anyone can read them without thinking. And anyone can quote them without thinking as a substitute for thought or capacity for analysis.

rlk  posted on  2015-06-15   12:17:15 ET  Reply   Trace   Private Reply  


#22. To: rlk (#21)

Robert, I doubt that Pericles brain can truly comprehend your words.

Si vis pacem, para bellum

Stoner  posted on  2015-06-15   12:35:40 ET  Reply   Trace   Private Reply  


#23. To: rlk, Pericles (#13)

Where did you get this tripe, from the up-dated Marxist advocacy manual?

This guy is one of the more irrational, illogical and delusional Comrades on LF.

потому что Бог хочет это тот путь

SOSO  posted on  2015-06-16   1:02:34 ET  Reply   Trace   Private Reply  


#24. To: rlk, SOSO (#23)

It is well known American conservatives unlike the superior European version of conservatives, don't do science.

Pericles  posted on  2015-06-16   2:51:52 ET  Reply   Trace   Private Reply  


#25. To: Pericles, rlk (#24)

It is well known American conservatives unlike the superior European version of conservatives, don't do science.

You are a total delusional moron. I have a Masters Degree in Chemical Engineering from a major world class U.S. university, one in which Eurorpean students kill to get into. Only wildeyed liberals disregard the rigors of scientific logic and evidence and freely abandon their intellectual integrity (such as that may be) in favor of their "feelings". You assholes have been predicting the end of the Earth from free markets and free peoples' activites for well over 150 years now and you have ALWAYS" been wrong. You dumb asses have no grounding in the reality of human nature nor understand the power of the individual spirit to achieve. For the most part you are losers who cannot compete on a level playing field with your more talented, conservative self-sufficent peers. You need a Big Brother, you demand it out of your recognized inferior abilities and fear of perishing if you had to compete for your existence. For the most part liberals are a waste of space and resources and a drag on the achievement potential of mankind.

потому что Бог хочет это тот путь

SOSO  posted on  2015-06-16   21:51:05 ET  Reply   Trace   Private Reply  


#26. To: SOSO (#25)

Nice rant and spot on.

Dead Culture Watch  posted on  2015-06-17   2:52:27 ET  Reply   Trace   Private Reply  


#27. To: Dead Culture Watch (#26)

Nice rant and spot on.

On average I will take that as a compliment:)

потому что Бог хочет это тот путь

SOSO  posted on  2015-06-17   15:23:30 ET  Reply   Trace   Private Reply  


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