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Korea set to break the Samsung dynasty
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For a society to be unequal and stable, it needs a *story*. If you have less-than-enough and your neighbour has more-than-enough, it's natural to ask why you shouldn't take it from them.
If that sounds weird to you, that's because you believe the story property is, by and large, legitimate. But what if you *knew* that your neighbor had cheated other people to get their stuff? Maybe then you'd support taking it away?
https://www.latimes.com/california/story/2021-04-23/zachary-horwitz-hollywood-film-ponzi-scheme
Market societies are, by nature, unequal. Markets produce winner-take-all wealth distributions of great inequality. The winners in markets have guards and cops and courts to help them defend those winnings, but their primary defense is *legitimacy*.
The primary reason that rich people don't have to worry about having their stuff seized by poor people is the *story* of markets, which is that markets allocate capital to people who can use it to make us all better off.
https://memex.craphound.com/2014/06/24/thomas-pikettys-capital-in-the-21st-century/
That is, at any given moment, in any given situation, some of us have better ideas than the rest of us about what to do with our planet's resources to make the most of them. In this story, markets find these people and give them money to spend for the common good.
That's the significance of wealth in market societies: the vast, inscrutable, self-correcting system of markets has identified you as a "job-creator," a "wealth-creator."
This is better than hereditary aristocracy, where the nation's capital allocations depend on the whims of people whose only qualification is whose orifice they emerged from. Those people squander our resources on palaces while the people starve.
This is obviously circular: if you're rich, you're good at allocating capital; we know that you're good at allocating capital because you're rich.
But there's something seductive about meritocracy, the idea that prosperity relies on something smarter than orifice-emergence.
Markets are sold as superior to the outdated divine right of kings, the eugenic notion that "good blood" and "breeding" determine who is good at capital allocation. Instead, we have a machine (the market) to find the people who have the right stuff for this particular moment.
But there's a problem with all this: the winners in markets are determined to pass their fortunes onto their children, creating intergenerational dynasties.
And because markets always yield investment returns faster than they grow, the most reliable way to get rich is to already *be* rich - not to produce something of value to society yourself.
That means that markets produce aristocracies, entrusting capital allocation to the wealthy, rather than the "deserving" (that is, people doing things that make the world better off).
Here's a concrete example from Thomas Piketty's CAPITAL. It's a comparison of the growth in three fortunes: Bill Gates during his tenure at Microsoft; L'Oreal heirsess Liliane Bettencourt (who has never worked a day), and Gates since her retirement from Microsoft.
Over the period where Microsoft-CEO-Gates founded and built the most successful company in the world and Liliane Bettencourt ate bon-bons and went to fancy parties, Gates made a *lot* of money. Betancourt made more.
But guess who made the most? Investor-Gates: that is to say, when Gates stopped running a successful company (a proxy for "doing a thing that makes other people better off") and started shuffling money around, the market allocated *more* capital to him.
Markets are only incidentally systems for allocating capital to people who do stuff. Mostly they are systems for allocating capital to people who already have capital.
That means that if you let people pass on fortunes to their kids, their kids will amass even-greater fortunes without having to make anyone better off; and *they* will pass that fortune onto *their* kids, who will do the same, and so on. We're back to aristocracy.
If it sounds familiar, you might be thinking of the Trump family. Fred Trump was a Klansman and slumlord who cheated his way to a fortune, who passed it on to his bungling idiot child who made it even larger, despite a string of cheats and bankruptcies.
Now *his* kids are poised to be richer still, despite their obvious detriment to society and unsuitability for making allocation decisions to increase broad prosperity.
Trump has a story to explain why this is OK: "good blood."
Trump frequently talks about his good blood, as do many wealthy people involved in intergenerational wealth transfers. They reveal the intrinsic contradiction of markets' superiority to aristocracy.
When people who make money doing stuff get to pass it all on to their heirs, we quickly arrive at a society where capital allocations depend on which orifice you emerged from, not what you do for the rest of us.
In other words, over time, the winners of markets sideline "meritocracy" in favor of old-fasioned eugenics. This process has been underway, slowly but surely, for decades, so much so that it's surprising to read about any interruption to it.
Take this story: "Samsung’s Lee family to pay more than $10.8 bln inheritance tax." The reason it's newsworthy is that the heirs of Samsung chair Lee Kun-hee stand to lose control of the giant Korean chaebol (family-owned conglomerate).
https://www.reuters.com/business/samsungs-lee-family-pay-more-than-12-trln-won-inheritance-taxes-2021-04-28/
Kun-hee was the eldest son of the founder, Lee Byung-chul, who benefited from a postwar program in which the US assisted (or arm-twisted, depending on who you ask) the new South Korean state to restructure as a semi-planned economy.
The chaebols were formed out of family businesses that had demonstrated some success through Japanese occupation and the civil war, and were given quasi-monopolies over large parts of national production, all but guaranteeing their success.
Ironically, this mixed economy accomplished the notional goal of a market economy - it produced jobs and material prosperity, and allocated capital to the people who made that happen.
But if Lee Byung-chul was the right person at the right time, and if his son Lee Kun-hee learned enough to carry on the family business successfully, that suitability petered out by the time the third generation took over the company.
How unsuitable? Well, Lee Jae-yong, Samsung's largest shareholder, is currently serving a 2.5 year prison stint for his role in a corruption scandal that brought down the presidency of Park Geun-hye.
https://www.bangkokpost.com/business/2052871/samsung-chief-jailed-for-2-5-years-over-corruption-scandal
Given the general impunity of the chaebol aristos, the fact that he's doing *any* time tells you that he's an utterly indefensible sociopath.
It's his generation of Lees that stands to lose control of Samsung when they pay their sensible and proportionate inheritance tax.
As Piketty points out, if this generation *was* qualified to be good capital allocators and not mere winners of the orifice-emergence lotto, they'd have reproduced their vast capital stake ahead of the inheritance tax and be able to retain control.
The fact that they can't beat the market and the taxman is prima facie evidence that whatever made Grampa and Daddy suitable CEOs isn't present in their generation.
That, and the corruption conviction.
The Lees aren't going to be poor. They'll never have to work a day in their lives. What they face is being stripped of their power to make vast, nation-scale capital allocations.
If their kids don't reproduce the remaining family capital ahead of the inheritance tax, they'll be a little poorer, but still rich, and so on, until, finally, a Lee descendant will have to get a job. If you believe in markets, this should fill you with joy.
This is what we've been promised by the market's story: a world where the right to allocate capital arises due to your track record of excellence, not due to which orifice you emerged from.
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davidjjohnston3 · 3 years
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The trees are straight and true here, and the help comes without seeming harpoons.  I considered some insane things which were ‘above my pay-grade’ and as is my wont reflected on the state and implications of my former profession and what old friends and pharons meant to me.  Right now think that my core goal in life is not to blow myself up.  As a former would-have-been SecState said, ‘I love so many people.’  I am only sad that trying as I did to uproot that carrot of love just now could have resulted in the demolition of an entire root-network, of at least my own excision therefrom.
‘Some people’ want revenge against life for not going their way or not being the color or fragrance or face shape they like or feel it ought to be - ‘no that is not what I meant at all.’  They will never hold a life reliable which doesn’t resemble their ideal, imago, or ‘soul-idol’ &c.  The meaning of the name ‘Cordelia’ as in King Lear is something like ‘heart’s ideal.’  I was driving and considering a novel that I feel touched absolute supreme greatness without knowing it or in a way that could mislead some readers Mrs. Mary HK Choi’s Yolk a novel I looked forward for a very long time.  I had all these references and fractal coreferences and forgot about actual birds, like what does the chick eat in the egg.
‘Blood is the life’ - I liked etymologies for a long time and my intellectualism caused me acute trouble in Confirmation Class at Morrow Memorial United Methodist Church in about 1998.  ‘Pastor’ Gretchen taught us the word root ‘consacramentum’ which comes from dipping the hand in blood in the concave of a Roman shield - those huge rectangular shields which could be used in formation as ‘testudo’ or turtle to stop projectile weapons and allowed soldiers to make pin-point stabbing attacks from a ‘matrix(?)’ of high protection.  I forget what kind of animal was killed to pool the blood in the shield but it might have been a rabbit.
I was reading ‘Revelation,’ I don’t recall what everyone else was talking about.  Some kind of community service project, interview your parents, buy a wedding-magazine and make a whole plan for how you would get married and how much it would cost (and while you’re at it describe how you would 1) restore a classic Shelby Cobra using newspaper and Krazy Glue 2) drive foresaid drop-top to the Moon).  
The Pastor was a pipe-smoker named ‘Painter’ who used the NY Lotto’s ‘Hey you never know’ slogan to describe sth like Pascal’s Wager; OTOH St. Paul teaches us that everyone is born knowing God exists (Romans).  The problem is that people fail or omit to glorify Him or subsequently ruin or betray their own best efforts through blasphemy, turning or falling away, cowardice, denial, attachment to certain sins or being ‘yoked unequally’ with non-believers.  
I reflected starting in 2008 that I was shy of my ‘first love’ (rather, the woman I fell in love with at 14); at the time I gloried or reveled in the shyness like a Wallace Stevens poem that ends, ‘And not to have written a book.’  I could’ve written a few books by now or walked away from book-writing or changed my mind / specified which kind of book I might have written and for whom.  
I remember always admiring the ‘magic’ of literature and feeling sad I had no characters or world of my own to work magic with.  Star Wars and my own life and later much else supplied ‘materia poetica’ and till the point that I began to think in fiction and became addicted to interpreting my own in ‘story-ideas’ although that is not to say that what happened around me didn’t happen.  
America is trying to become a better country in numerous valences, loving our neighbors, holding each other accountable.  ‘Justice’ with or without the marks is important.  It is a divine Judgment that Covid fell on the world even if eventually we all shall learn who devised the virus or leaked it or modulated its mutations.  I was eager to rejoin the world feeling I might overcome my mental illness but I mishandled specific questions and tests.  I ended up turning people against me and creating monsters more than ever as well as perhaps terminally sabotaging any chance I might’ve had of fulfilling a dream or making good on the past.  I have a lot of opinions on the CCP but should’ve focused on love and family and personal responsibilities as in the past or at least held to my long-standing feeling that Chinese people deserve better rather than associating myself with hard-liners and racists or those who would simplify issues in order to bring about ultimate victory without temperance or concern for the side-effects.
In Milwaukee where I lived for far too long everyone’s spirit - electric, intellectual, visory(?), informational et cetera seemed to be militating against everybody else’s.  There were fake vaccines, radioactive ice cream (or thermogenic ice-cream), gun-battles as usual, lines crossed, all kinds of scores that people tried to settle.  I also realized that the police were probably tracking for years my various attempts to obtain weapons from samurai-swords to handguns though the purpose was defensive and I can only trust at this point that some good lawyer will prevent the bad lawyers and cops from presenting the most damning circumstantial case they could.  People in Milwaukee own AK-47′s, automatic shotguns, probably all kinds of explosives, improvised chemical weapons and (’our Black brothers’ - Schopenhauer) biological weapons - the cops don’t stand a chance that I can tell and even the National Guard perhaps could get outclassed by retired military.  I had told myself for years that it was only the ghetto’s that bore witness to this paramilitary equipage and that the retired SEAL Team 4 member with the ‘Stop Socialism’ and ‘Jobs Not Mobs’ sign on his front lawn would protect me from the Maoist-Covid Night of the Long Knives but I feel I tempted God a lot in the past.  
I read all these books and took to heart that people thought I was just entertaining myself with but now as then I should’ve guarded my heart or not begged the question of what others thought about me or saw in me.  I literally felt of late ‘I am the anti-Christ’ - good-looking at times, preach world peace, ‘form of godliness,’ want to be friends with everyone, build bridges - and had to rack my brains to come up with an ‘anti-Christology’ and science / concept of the Whore of Babylon just to make sure it was more than me alone.  I also wished to simplify my past and help kids ‘get life right the right time’ doing battle with philosophies that opposed this consciously or otherwise but stepped into numerous minefields and also tried running when I should’ve flown over.  
Everyone’s trying to get rich and build back better and I profoundly admired the American President for doing, finally, apparently, what presidents had tried to decades even as I remember ‘Flowers 1881′ a poem that implies that basically teachers can do only so much before turning their kids loose in a world no one has yet fixed and which others keep breaking; from a California almanac that also instructed me that the same old debates and cross-fires and burdens plague teachers as always, not that it is an ‘impossible profession’ but honestly that God won’t let us establish Heaven on Earth or at least not me or at least not America or at least not teachers who savor the experience of being a teacher or the beauty of their students more than the outcomes or commitment or intrinsic value of the work or the confirmed identity / vocation / personhood of the instructor.  There are always new and old at any rate and different cultures all describe the teacher as needing to keep both alive; as do descriptions of higher education and scholarship.  
I questioned my qualifications / background and wondered about re-training but can’t afford tuition anywhere so I am trying to cling to the core of my capabilities / blessings.  ABC and XYZ.  The glory of the soul or souls.  
I kept theorizing Russian literature as well as weapons-systems and ultimate destiny, sailing ships, noble names, divisions, the flaming sword of Archangel Gabriel, the mission of Russia today with respect to the world order.  I am also simply trying to be healthy and stop for a while trying to parse out who was the love of my life or what it still left in terms of action or redemption or justice or surrender or mitigation or meeting new friends or propounding the kind of understand with carefulness I have believed in - ‘saving people from themselves.’  Driving up here I remember being distressed at a gas-station in California when I was about 5 or 6 since the pump was leaking, being very upset with my parents and family.  In those days I also disliked animal-cruelty though the world today seems so depraved and deprived with respect to human interests I would make no bones about neglecting most all animals outside of military or police use.  When I was about 3 I saw white kids set a frog on fire; my mother has a history of running over cats.
I dislike winging it and taking risks.  There is a song I call to myself ‘Run Away’ though its title is ‘Paradise.’  I am not a utopian communist for believing in secular justice and its instrinsic value... I wonder whether when I helped people in the past there were always strings attached or maybe I was just trying to close my case and discharge my responsibilities too rapidly without allowing others to gestate or make an abode in my heart besides and beyond what I could get out of them, glorifying myself, or tell others about.  
What is motherhood?  What is travail?  Is there a kind of problematic ‘female gaze’ as feminists talk of a ‘male gaze’ associated with sadism or fascination / fetishism?  It’s psychology which is not my first love at all since it appeared pretentious and distracting and retarding (in the literal sense of slowing down).
I also remembered reading various things about Victor Hugo whose ‘93′ is an important novel today due to its techno-utopianism, feminism or ‘new model egalitarianism,’ fusion of revolution and religion, etc.  But I had forgotten ‘Les Miserable’ with its themes of ransom or eventual recompense, genealogies, caution, and more none of which is to negate the various complains against me or death-warrant from China or my parents with their partial private readings of Proverbs (’Let’s stone David for embarrassing us / not doing precisely what we want’ - no mention of witnesses, tribunals, questions, mitigation-hearings, actual counsels of judges etc. but just American-German ‘coalitions of the willing’ ‘run and get my gun’ ‘team-building’ etc. which in my experience ends with tanks on the street and military dictatorships as when at the end of the CultRev PLA regulars were gunning down former justice-fanatics who’d been stripping women, kicking pregnant stomachs etc. as in The Vagrants).  Naturally having grown up in a family fascinated with Lee Kwanyew and Arnold Schwarzenegger and conflicted about ‘fascism’ I had reservations about the United States’ ability to suddenly dress up and ‘stand at perpetual moral attention’ but I guess my own problems are just that I am poor with a rich kid’s mind and no one really likes me except strangers and faraway friends who were easily spooked and/or just couldn’t be there.  ‘King of South shall attack and King of North shall crush them  with chariots &c.’ - in the end righteous will prevail whichever side of the line I end up on in the final assessment.  I also remembered today a novel called ‘The Old Capital’ about a bad artist father, a virgin daughter, straight and true pines.  Some other aspects of this novel are silly as well as criminally problematic and there's a lot of that going on in new-old old news America / Babylon or at least to quote my favorite lawyer / leave lawyering movie 'First let's get out of Milwaukee.'  Miss the land of June snow. 
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ruay77sblog · 3 years
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My Honest Opinion on 2018 BTS
Disclaimer: I am not making this post to hate on BTS, BH, or even ARMY. I, myself, am a huge ARMY, I love our boys so so so much and everything I’m about to say is just my own opinion. Please respect it. It’s okay if you disagree and if you want to share your own opinions, that’s fine. Please don’t send me hate, I only want to talk about what I believe is the truth. Also a post-writing comment, I get pretty angry so yeah... don’t read if you get triggered easily. I’m pretty blunt this evening with my feelings regarding BTS and BH.
~^*^~
So, I’m going to begin this pretty bluntly by saying that this past year has been pretty disappointing for me as an ARMY. Despite BTS being able to perform at the BBMAs, win another award there, do all of this amazing stuff internationally, LY: Her and LY: Tear have let me down in terms of BTS albums. At the time of their releases, I hyped up the songs and the albums, but truth be told, my LY: Her album isn’t even on my phone - I haven’t even put the CD into my computer and I didn’t even bother buying LY: Tear though I do plan on getting it simply for Anpanman, Airplane P.2 and Paradise. These two albums have been, in my own opinion, some of BTS’ worse works (including Expensive Girl and Trouble).
This is not BTS’ fault. I do not blame them at all. This is all down to BigHit slowly becoming more power and money hungry as time goes on. I mean, BH has even let Homme flop (I haven’t heard anything about them in a long time so I’m guessing they disbanded bc BH only care about BTS). You see, Wings was the last great album BTS ever produced. It featured a song composed entirely by every member, sung only by every member and gave them all their own little spotlights. We also got TWO songs dedicated to ARMY, the iconic Cypher 4 and Am I Wrong. All of these songs were all phenomenal and this comeback took my breath away. Never mind Boy Meets Evil (I love it so much) and Ofc BS&T, their last amazing title track.
You see, after Wings, this is where BTS’s fame really began to pick up overseas. Sure, they were huge in Korea, but EXO are still considered the nation’s boys (even after Ko Ko Bop and Lotto...) but all of a sudden, all of the world knew BTS. This lead to Bang PD doing something pretty fucking stupid. He drove BTS into mainstream western music. This is where we got the upbeat (yet pretty generic) Not Today don’t get me wrong I love Not Today, it still had some of BTS’ vibes but it was the first deviant of many and one of the best, most emotional, heart wrenching BTS songs Spring Day. When the LY albums were announced, BTS’ fame was skyrocketing. BH wanted to appeal to these new international fans and gave us LY: Her, an album which seems great at first, but once you realise that all of the songs are just... well, I’ll break them all down.
First we have Serendipity, the intro that confused the fuck out of me. Since BTS began, Intros have always A L W A Y S been done by the rap line, and Outros done by the vocal line. I love Serendipity, but I hate the fact that BH strayed from giving us the rap line intros. I always look forwards to them on the albumbs but I guess we won’t be seeing them again so... then we have the title track DNA which in my opinion wasn’t anywhere near BTS style at all. It was catchy, yes, but it was a fucking stupid boppy love song that new ARMYs hyped. It was overplayed and I eventually came to accept that I didn’t like it. The next song we have it Best Of Me - a collab with The Chainsmokers. I like the Chainsmokers since I’ve always been a fan of EDM and I do enjoy their sound, but Bh deciding to collab with them is just... no. Again, this took away BTS’ individuality as an artist and it was just another western bop. I never really liked it so... Then we have what I like to call the Secret Love Song to Kim Namjoon 보조개. If I’m being completely honest, this song was my favourite. But after a few plays, it became repetitive and... yeah... I kinda don’t enjoy listening to it anymore. Again, it’s another western-styled EDM like DNA and Best of Me. Pied Piper is actually a pretty decent song. I enjoy the fact that it’s a bit of a shade-throwing song to ARMY but at the same time BTS telling us they care enough to tell us to get on with life. I can’t complain about it. It’s a little unusual with the flute, but I do like it a lot. We are going to skip the Skit because it features Jake Paul and I hope he rots in hell ((: our next song is MIC Drop which for some reason people think is the final cypher?? Like , are you stupid? It’s not called Cypher, so it’s. Not. A. Cypher. I like both versions, the original and the Steve Aoki/Eng version and it’s the last song that keeps to a BTS vibe. Again, no complains. Then we have Go Go, which I love but hate. It’s a great song, but... so many people complain about it that I kinda just don’t want the hastle of going to YouTube to listen to it. They have bragging rights, let them brag. That’s how I see Go Go. Moving on, Outro: Her... I didn’t like it. Like I said with the intro, it just doesn’t feel natural for a BTS album to have rap line doing the outro. That’s probably just me. I always skip Her because it’s just... there’s something I don’t like about it but I couldn’t tell you what it is. It’s alright as a song but it’s nothing special. We also have the other skit but I skip it because of my lack of knowledge of Korean so yeah. And then there’s Sea. Can we just for one second acknowledge how good of a song Sea is? And BigHit has the fucking audacity to make it a hidden song?! Like, it’s full of metaphors, it’s beautiful and just almost a great song. The only issue I have is how long it is but I can get over that.
So, the songs were kind of repetitive, and Pied Piper was the only song I thoroughly enjoyed that didn’t have any outside influence. A lot of the songs in Her were just trashy westernized bops that I don’t think suit BTS, any of their personalities or the whole HYYH/Wings theory that BH have been making. Like...? You gave us BS&T and then decided MIC Drop was a good addition to the MVs? It made no sense.
Anywho, I did enjoy Her but it’s definitely not up there as one of my fave BTS albums. Honestly, despite being a little disappointed, I looked towards to Tear. Well... until it came out. I know I hyped it up. I know I said I enjoyed the songs but now I don’t listen to the album at all, I skip all of the songs when they come on shuffle because in my opinion, this is a bad BTS album. Bad. Let me talk you through the songs.
First we have Singularity. Again, I hate the idea of vocal line intros but I’m gonna have to put up with it so whatever. Tae’s voice was drowned out by the music a little, and I really REALLY enjoyed the MV. It was slow, sensual and I enjoyed it... until y’all nasty ARMYs got your hands on it and decided to make it House of Cards 2.0. Just a quick FYI, Singularity is a sad song and you should respect Taehyung’s artistic input. House of Cards was made to be sexual-er and that’s why it’s okay to sexualise it. Do not sexualise Singularity. I kinda stay away from it now because of ARMY. Anyway, we get to the bane of these past few months, Fake Love. In a honesty, I don’t love it. The MV felt like a recycled BS&T in some places and it felt too poppy and not so much BTS for me. I loved Hoseok’s parts in it but that was about it... Next up is The Truth Untold and truth BE told, this song surprised me. I expected some angsty EDM track because of the collab with Steve again but instead I was pleasantly surprised with a beautiful ballad. But, this is literally due to my own musical preferences, I’m not really into ballads so I don’t listen to it very often. Next we have 134340 (Pluto) and while I do enjoy listening to it, it was a recycled Whalien52 if it had a child with Pied Piper. I said it. The lyrics are beautiful and I think Hoseok’s part was phenomenal but other than that, it’s just a recycled, old BTS song because clearly BH is running out of ideas and restricting BTS in terms of their input in their albums. Then there’s Paradise, one of my favourite tracks. A little EDM-y, very sensual, a great base, and the message is cute. But, it’s a westernised song. I think it would have suited a group such as VIXX or maybe even EXO a little better, it didn’t give me BTS vibes at all. It’s a great song but it’s nothing I would have expected from BTS. And BH are at it again with Love Maze. The first 5 seconds I like (the piano with the distorted “I’ll be in love maze”) and then after that, it becomes a trashy, EDM, westernized song. Again. Can someone tell Bang PD to stop it? I didn’t like it from the off and I probably won’t ever. Next we have Magic Shop which is just another EDM-y westernized song so you can imagine my feelings towards it. Now we have Airplane Pt.2, a pretty bomb-ass song if I do say so myself. I loved the erotic, Mediterranean vibes, the Tango-y kinda feel, the bragging lyrics, everything... except Hoseok’s fucking verse. I know it’s pt.2 but WHY IN THE EVER LOVING FUCK DID THEY RECYLE A VERSE FROM AIRPLANE. I hate that they did that. I hate it so god damned much that it pains me because it’s such a good song but Hoseok’s verse lets the whole song down. Jin had lines, there was Namjin involved, it was so close to being a great song. And next we have Anpanman. I’m not even gonna bother saying much because I love this song. It was the diamond of the album. It saved the album. End of discussion. And then we get to the song I hate most of all - So What. You guessed it, a trashy, EDM, carbon copy of a westernized pop song. I hate it so much. It has no BTS vibes, clearly the boys didn’t have much of a choice about it and I really don’t like the song. I’ve listened to it once and that was when I first listened to the album as a whole. Then we get to the outro I promise I won’t complain about the whole rap line vocal line thing again I guess the outro is okay. I mean, I love the dark vibes but it’s not the best rap line song out there. The chorus is repetitive “You’re my tear, you’re my You’re my Tear,” And it gets boring after the first verse. Plus Yoongi’s verse was annoying af because of all the autotune that they put on to ruin his natural, beautiful voice so yeah.
You can tell I didn’t like Tear. At all. It was just a whole pile of EDM, westernized shit with one good song put in and Singularity at the beginning to mask the pile of shit that it is. I can’t express how let down I was with the past two albums.
BigHit have done this. They have turned BTS into a giant money making machine. They are turning the boys away from their golden eras (I Need U, Run, War of Hormone) and moulding them into the “perfect” westernized Kpop group. All BH care about is money. That’s why all of the songs have been almost a 180 to BTS’ vibes and the album has been a let down. I understand people’s styles change. Look at EXO, they started with Wolf (a bop btw) and just came out with Sweet Lies, one of the best non-title tracks in Kpop (IMO). But this style that BTS have suddenly adapted has had nothing to do with the boys themselves. This has been done by the executives at BH to cater to the new audience of 12 year old, ignorant, uneducated girls who have no idea what BTS really stand for in the long run. The same boys who used to write 90% of their lyrics definitely do not anymore and it breaks my heart. Instead of beautiful lyrics like in Tomorrow, it’s trashy love songs like DNA and Fake Love. The money focuses on elaborate MVs and don’t you fucking dare get me started on the pricing of new merch. All 4 albums together cost over £100, the summer package in Spain is almost £70. Just one album on its own at pre-order is now almost £35/40. Don’t you dare tell me that BH isn’t getting greedy. I got my D&W album for less than £10. I got my MBMILp1 for £20, Wings for £20 and LY: Her for £25. See the correlation? Fame goes up and so do the fucking album prices. I couldn’t ever afford to spend £30 on an album plus shipping. I couldn’t even ask my parents to do that for a birthday or even Christmas present. It is a waste of money. All albums I have from other artists and companies have never been over £25 either. BH and Bang PD are becoming greedy. They want more money, for more elaborate MVs for more fans, for even more money. I know someone has to fund Tae’s Gucci style but let me tell you, even if albums were priced the same as D&W, BH would make more than enough profit.
BTS clearly have no input anymore in their albums, they are forced to work under a management slowly becoming more and more corrupt. BH is no saint and you can see that through the most recent albums. It’s the same, repeated, overly cliche bullshit EDM tracks. Some songs have been good but I have been so let down that I almost always forget about them.
If LY: Answer is such a disappointment to me, I really will have to reconsider my status as an ARMY. I won’t watch BTS become some carbon copy of a perfect boyband in America for BH’s sake. Never. They came from nothing, they worked their way to the top and now they have just brought out two very disappointing albums. Nothing will ever compare to HYYH or Wings. BH has become too greedy. It isn’t about BTS anymore - it’s about the money they make.
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researchcognizance · 4 years
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Sports Footwear Market Revenue to Record Stable Growth through COVID-19 Affected Period
Sports Footwear Market Report 2020 by Size, Share, Key Players & Trends w.r.t COVID-19 Pandemic
Sports Footwear Market Overview:
The Sports Footwear market study is expected to grow at a significant rate as the current trends indicates which are highly outlined in the study. The global Sports Footwear market study is a compilation of competitive research that focuses overall on a variety of factors such as consumption structures, developmental trends, current and future sales model compiled from the top countries in the Sports Footwear market space. The study also pushes a well-known & comprehensive list for the Sports Footwear market in terms of market segments, the current and future competition & the macro environment.
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[The following sample includes – Report Description, T.O.C, Market Segmentation, Competitive Landscape, Methodology & more]
Under the ongoing COVID-19 outbreak the Sports Footwear market is discussed in various chapters all through the study. In the later chapters, we analyze the industrials trends pre and post pandemic era. Furthermore, the impacts of COVID-19 on the Sports Footwear market are discussed w.r.t production industry chains and supply chains. The chapter also discusses the future developments regarding the market are discussed thoroughly.
A holistic study for the Sports Footwear market can be considered by a variety of factors which are derived from a variety of factors such as demographic conditions & business cycles surrounding the factors. The following factors are discussed in terms of market and region specific segments. The study concludes that the current trends in market paradigms w.r.t regional competitive landscape & competitive knowledge for major players.
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Sports Footwear Market Segmentation:
The Sports Footwear market can be distributed into the types of products, the applications of products, the regional distribution for Sports Footwear products and applications and the key players focused on the market scape.  
Key players in the global Sports Footwear market covered in Chapter 4:, UMBRO, Xtep, Adidas, Under Armour, Mizuno, K-Swiss, Wolverine Worldwide, Vibram, Asics, Nike, Puma, 361, Columbia, VF Corp, Erke, CAN·TORP, Anta, Lining, Kappa, Peak, DIADORA, Lotto Sport, Skechers, New Balance
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In Chapter 11 and 13.3, on the basis of types, the Sports Footwear market from 2015 to 2026 is primarily split into:, Athleisure Sports Footwear, Running Sports Footwear, Court Game Sports Footwear, Cleats Sports Footwear, Others
In Chapter 12 and 13.4, on the basis of applications, the Sports Footwear market from 2015 to 2026 covers:, Outdoor Sports Footwear, Sports-Inspired Footwear, Performance Sports Footwear
Regional distribution for detailed analysis of consumption of the applications for Sports Footwear products w.r.t regional distribution is categorized in a comprehensive manner. The forecast applies for every category as well as a generalized forecast for the entire study.
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Here is a short look at the T.O.C for the Sports Footwear market:
The first half of the chapters covers a step down approach of the key players that will be mentioned along with an individual company profile and their tried and tested market strategies.
The following chapters further includes the ongoing mergers as well as acquisitions w.r.t global prices which are calculated through a comprehensive sales analysis.
The next half of chapters includes a thorough regional distribution on a global scale as well a national scale.
The final chapters of the study includes the regional methodology implemented in the study, the statistical model as well as the latest industrial trends that were used for calculating the forecast.
The T.O.C also concludes the financial feasibilities for investment purposes with an overall conclusion to the study.
Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Sports Footwear Market
Chapter Four: Players Profiles
Chapter Five: Global Sports Footwear Market Analysis by Regions
Chapter Six: North America Sports Footwear Market Analysis by Countries
Chapter Seven: Europe Sports Footwear Market Analysis by Countries
Chapter Eight: Asia-Pacific Sports Footwear Market Analysis by Countries
Chapter Nine: Middle East and Africa Sports Footwear Market Analysis by Countries
Chapter Ten: South America Sports Footwear Market Analysis by Countries
Chapter Eleven: Global Sports Footwear Market Segment by Types
Chapter Twelve: Global Sports Footwear Market Segment by Applications 12.1 Global Sports Footwear Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Sports Footwear Sales and Market Share by Applications (2015-2020) 12.1.2 Global Sports Footwear Revenue and Market Share by Applications (2015-2020) 12.2 Outdoor Sports Footwear Sales, Revenue and Growth Rate (2015-2020) 12.3 Sports-Inspired Footwear Sales, Revenue and Growth Rate (2015-2020) 12.4 Performance Sports Footwear Sales, Revenue and Growth Rate (2015-2020)
Chapter Thirteen: Sports Footwear Market Forecast by Regions (2020-2026) continued…
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