Japan’s new PM Fumio Kishida
ThoughtsAs reported in by Reuters, via The Asahi Shimbun:
Japan should strive for a new form of capitalism to reduce income disparity that has worsened under the coronavirus pandemic, says former foreign minister Fumio Kishida.
“Without distribution of wealth there won’t be a rise in consumption and demand… there won’t be further growth if distribution of wealth is lost,” Kishida said at a presentation of his economic proposals in Tokyo on Wednesday.
Makes sense.