Tag Archives: Billionaires

Billionaires are a Sign of Economic Failure

Inherited wealth and crony capitalism have created an aristocratic class that undermines social mobility and democracy By Max Lawson Source: Inequality.org The New York Times published an editorial comment on its front page in January 2019, provocatively entitled “abolish billionaires.” The … Continue reading

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Wealth Identity Politics: Billionaires Acting Like A Persecuted Minority Is Peak Capitalism

By Caitlin Johnstone Source: CaitlinJohnstone.com “I guess maybe Bernie Sanders shouldn’t exist,” said billionaire Steve Schwarzman while seated in a library building named after billionaire Steve Schwarzman and promoting a book with billionaire Steve Schwarzman’s face on it. According to Bloomberg … Continue reading

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The Real Big Brother

By Eric Zuesse Source: Consortium News Jeff Bezos is the owner of The Washington Post, which leads America’s news-media in their almost 100 percent support and promotion of neoconservatism, American imperialism and wars. This includes sanctions, coups, and military invasions … Continue reading

Posted in Authoritarianism, black ops, CIA, Conspiracy, Corporate Crime, corporate news, culture, Deep State, Dystopia, Economics, elites, Empire, Financial Crisis, Geopolitics, imperialism, Inequality, media, Militarization, military spending, Neocons, news, NSA, Oligarchy, propaganda, Psy-ops, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy, war | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Wall Street, Banks, and Angry Citizens

The Inequality Gap on a Planet Growing More Extreme By Nomi Prins Source: TomDispatch.com As we head into 2019, leaving the chaos of this year behind, a major question remains unanswered when it comes to the state of Main Street, … Continue reading

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Survival of the Richest

The wealthy are plotting to leave us behind By Douglas Rushkoff Source: Medium Last year, I got invited to a super-deluxe private resort to deliver a keynote speech to what I assumed would be a hundred or so investment bankers. … Continue reading

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Five Ways to Curb the Power of Corporations and Billionaires

By Jeremy Lent Source: Patterns of Meaning We need to rein in the destructive power of corporations and billionaires before it’s too late. These five ideas would do that, while leaving global capitalism intact. Ultimately, only a complete transformation of our … Continue reading

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Jeff Bezos’ Paper Tells You Not to Worry About Those Billionaires

By Dean Baker Source: FAIR Just when you thought economic commentary in the Washington Post couldn’t get any more insipid, Roger Lowenstein proves otherwise. In a business section “perspective” (7/20/18), he tells readers: But what if inequality is the wrong metric. Herewith … Continue reading

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25 Families Own $1.1 Trillion Between Them as the Global Wealth Inequality Gap Grows

Using data from their list Forbes has produced a list of the top 25 richest families in the world. Together they are worth over $1.1 trillion, or the entire GDP of Indonesia. By  Rosa Tressell and Dr. Leon Tressell Source: SouthFront Once … Continue reading

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