Democrats want us to believe that there is some cohort of “good billionaires” who can be relied upon to fight for political progress. But as the right-wing turn of tech billionaires like Mark Zuckerberg and Elon Musk suggests, this is nonsense.
Tag: wealth (page 1 of 4)
Billionaire wealth has risen three times faster in
2024 than 2023. Five trillionaires are now expected
within a decade. Meanwhile, crises of economy,
climate and conflict mean the number of people
living in poverty has barely changed since 1990.
2024 was a good year for billionaires, except in China:
President-elect Donald Trump is stacking his Cabinet with billionaires and centi-millionaires, whose financial entanglements pose conflict-of-interest challenges.
Trump has assembled an uber-wealthy Cabinet, raising risks of ethics conflicts – The Washington Post
Is there not too much silence today?
We need a political movement to fight billionaires | Will Bunch Newsletter
Billionaires are buying elections, all over the world, without changing institutions but throwing democracy in the dustbin
Don’t be distracted by the anti-immigrant rhetoric this electio in the US. The real impact on democracy comes from moneyed elites.
Immigrants or Billionaires—Who’s a Bigger Threat to Democracy? – LA Progressive
The ultra-rich will happily march us into a dictatorship if we let them.
Opinion | The American Billionaires Who Fell In Love With Fascism Are Not the First | Common Dreams
One person, one vote. The classic essence of democracy. But what if that one person happens to be a fabulously rich? Does that one person actually have just “one” vote? Can we have anything approaching democracy when some among us are sitting on fortunes grander than the rest of us can even imagine?
At the beginning of 2024 it emerged that the top five richest men in the world had doubled their wealth since 2020. If this trend continues, the world could see its first trillionaire within a decade.
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