prospect.org
Really what we’re dealing with more than anything else is the corrupting effect of an unprecedented level of wealth concentration. I’ve been covering wealth concentration my whole life, and it’s just exploded. And so it’s one thing to be like, “OK, a CEO is making 200 times what his workers are making,” which is like the kind of math that I was doing when I started becoming a journalist. But when you think about the levels of wealth that are now concentrated in the hands of a Jeff Bezos or an Elon Musk, I think they truly believe that they’re gods. The point of their wealth is to be able to exercise a kind of absolute power.
Yes, I think it's hard to understand exactly how dangerous this wealth concentration is.
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Hi! You're reading a single post on a weblog by Paul Bausch where I share recommended links, my photos, and occasional thoughts.