Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else by Chrystia Freeland
There has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation.
Why isn’t rising inequality turning into a poll issue?
The view from the penthouse and the pavement is staggeringly different. India’s penthouse story is galloping while millions remain poor and 800 million survive on free foodgrains from the government. Patralekha Chatterjee writes.
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Nina Burleigh comments on the acquisition of Trump Media & Technology Group yesterday, making him some 3 billion richer on paper:
"This is the deus ex machina - the hand of a god - coming down from above to save Trump just as New York State prepares to seize his properties for nonpayment of a nearly half-billion dollar bond."
"It is also a classic Trumpy long con, the essential Trumpworld business practice. In every way, it is the essence of Trumpism, a textbook example of how the fake businessman’s businesses operate, all empty gilded shells, branding over substance, entities that, once established, operate like pyramid schemes run by Mafiosi, attracting get-rich-quick sharps whose base instincts are only held in check by threats of blackmail and revenge."
The turn to fascism in America isn’t coming just (or even primarily) from crazed fanatics. It’s coming from well funded “think tanks” full of well dressed and well fed pseudoscholars who imagine themselves to be reasonable and mannerly. https://journa.host/@w7voa/112124274481988039
Not unlike Germany in 1933. Germany`s ultra-wealthy were fascist to a man, including the media owners. Even more disgusting, several of the initial wealthy backers were later deported for religious reasons. When personal wealth and low taxes are all that are important, one gets tyranny. Full stop. #wealth #tyranny #fascism #hitler
Strongman rule is a fantasy.
Essential to it is the idea that a strongman will be your strongman.
He won't.
In a democracy, elected representatives listen to constituents.
We take this for granted, and imagine that a dictator would owe us something.
But the vote you cast for him affirms your #irrelevance.
The whole point is that the strongman owes us #nothing.
We get abused and we get used to it.
Another illusion is that the strongman will unite the nation.
But an aspiring dictator will always claim that some belong and others don't.
He will define one group after another as the enemy.
This might feel good, so long as you feel that you are on the right side of the line.
But now #fear is the essence of life.
The politics of us-and-them, once begun, never ends.
We dream that a strongman will let us focus on America.
But dictatorship opens our country to the worst the world has to offer.
An American strongman will measure himself by the #wealth and #power of other dictators.
He will befriend them and compete with them.
From them he will learn new ways to #oppress and to #exploit his own people.
At least, the fantasy goes, the strongman will get things done.
But dictatorial power today is not about achieving anything positive.
It is about #preventing anyone else from achieving anything.
The strongman is really the weak man: his secret is that he makes everyone else #weaker.
Unaccountable to the law and to voters, the dictator has no reason to consider anything beyond his own personal interests.
In the twenty-first century, those are simple: 👉 dying in bed as a billionaire.
To #enrich himself and to stay out of #prison, the strongman dismantles the justice system and replaces civil servants with loyalists.
Today in Labor History March 11, 1850: French anarchist Clément Duval was born. His theory of individual reclamation, which justified theft, and other crimes, as both educational and legitimate ways to redistribute the wealth, influenced the Illegalists of the 1910s, including Jules Bonnot, of the Bonnot Gang. According to Paul Albert, "The story of Clement Duval was lifted and, shorn of all politics, turned into the bestseller Papillon."
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Weisselberg, 76, surrendered to the Manhattan prosecutor’s office earlier Mon & entered state court in #handcuffs, wearing a mask, before pleading #guilty to 5 counts of #perjury.
Limitarianism The Case Against Extreme Wealth by Ingrid Robeyns
"A powerful case for limitarianism—the idea that we should set a maximum on how much resources one individual can appropriate. A must-read!"
—Thomas Piketty, bestselling author of Capital in the Twenty-First Century
An original, bold, and convincing argument for a cap on wealth by the philosopher who coined the term "limitarianism."
Shah Rukh Khan chants Jai Shri Ram at Anant-Radhika's pre-wedding event; dances with Suhana as Diljit Dosanjh sings
He also added, "So let me take a moment to introduce to all to the powerpuff girls of the Ambani family, the Trimurti or the trideviya of the family--the Saraswati, the Lakshmi and Parvati. Their prayers and blessings have kept this family together."
Stellar Price Prediction - 2023, 2024, 2025, 2026 - 2030 (coinpedia.org)
Stellar Price: CoinPedia's XLM price illustrates the possible price projections for 2023 - 2025 and the years to come.