Economic Inequality Caused by Corona

The new coronavirus has further widened the Wealth Gap by causing the assets of the US wealthy to increase by 11.4 trillion yen, according to a report by CNN.co.jp source. This has had a significant impact on the Wealthy Class and has raised concerns about the growing inequality in society due to the Corona pandemic.

A study titled "The 'great leveler' revisited: Why the Corona pandemic might boost inequality in society" source explores the effects of pandemics on inequality. While historical events like the Black Death in the Middle Ages contributed to reducing inequality, the current Corona crisis seems to be widening the wealth gap instead.

The concept of the "great leveler" implies a sense of equality where everyone is affected regardless of their social status or wealth. However, recent developments suggest that the pandemic is exacerbating the Wealth Gap. Kyukimasa tweeted about this issue on March 26, 2021 source.

The expression "The price cap is removed" is thought-provoking. In recent years, we have seen examples of this concept in various aspects of life. For instance, shaved ice and parfaits are considered "foods with the lid removed," and even museum exhibitions, like the 2,400 yen "Momoyama Exhibition" last year, can be seen as attempts to remove the lid. In the post-corona era, as businesses adapt to new operating models, we can expect to see more examples of "removing the lid," which may further widen the Wealth Gap. zaikabou discussed this on January 6, 2021 source.