Season 6, Episode 7: Elite Quality: How Value-Creating Elites Shape Society and Luxury with...

Description:
Season 6, Episode 7: Elite Quality: How Value-Creating Elites Shape Society and Luxury with Professor Tomas Casas Klett, University of St. Gallen.​

​Felicitas Morhart sits down with Professor Tomas Casas Klett to explore the intersection of elite quality, luxury, and societal value creation. Tomas is an economist and professor at the University of St. Gallen, director of the China Competence Center, and co-founder of the Elite Quality Report, the world's most comprehensive study measuring the proportion of value creation to value extraction by national elite systems across 151 countries.​

​Their conversation spans the fundamental question of what defines a high-quality elite, moving from ancient civilizations to modern tech billionaires. They examine why Singapore, the United States, and Japan top the Elite Quality Index through vastly different elite models, how power manifests through luxury consumption, and why the German-speaking world's risk-averse elite culture struggles to produce the next Silicon Valley.​

​A thought-provoking exploration of how elite systems shape prosperity, culture, and the luxury landscape, and why the balance between value creation and extraction is the defining question of our time.​



Guest: Professor Tomas Casas Klett, University of St. Gallen ​

Host: Felicitas Morhart, Luxury On Air Podcast​

​Resources:​

• Professor Tomas Casas Klett​

• Elite Quality Index ​

• Deloitte Switzerland website and LinkedIn ​

• Swiss Center for Luxury Research website and LinkedIn ​

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Disclaimer: The views and opinions expressed in the Luxury on Air podcast are those of the interviewees and do not necessarily reflect the official policy or position of Deloitte or the Swiss Center for Luxury Research on specific topics. The content provided is for informational purposes only and should not be construed as professional advice. Deloitte and the Swiss Center for Luxury Research do not endorse or take responsibility for any third-party content that may be referenced in the podcast. Deloitte and the Swiss Center for Luxury Research are not responsible for the accuracy or completeness of the information shared in this podcast, nor for any decisions or actions taken on the basis of this information.​