Tuesday, January 19, 2016

The sucking sound of money going to the ultrawealthy

According to Oxfam, overall the world's money is going to the wealthiest people.

The Atlantic piece summarizing Oxfam's findings notes that a widening wealth gap "can stunt overall economic growth" and "that threat's a problem for everyone, not just those suffering at the bottom". I'll put it more plainly: do you ultrawealthy folks want to experience a modern version of the French Revolution? That's what you're inviting by following the completely selfish, deeply shortsighted and destructive mindset espoused by the likes of the Koch brothers and Sheldon Adelson. You're part of society. Act like it.

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