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Tag Archives: economic failure
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
Posted in Corporate Crime, Corporate Welfare, Corruption, culture, Dystopia, Economics, elites, Empire, Financial Crisis, History, Inequality, Law, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime
Tagged 1%, Billionaires, Corporate Power, Crony Capitalism, economic failure, economic inequality, Economics, extreme wealth, Inequality, Monopoly, Neoliberalism, Oligarchy, Plutocracy, political corruption, Poverty, Society of Trust and Estate Practitioners, Thomas Piketty, US History, Wealth
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