Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Friday 22 May 2020
American Billionaires Made $434 Billion in Two Months
Even in the middle of a pandemic, things have never been better for American billionaires. New reports show that these individuals added $434 billion to their collective net worth during the pandemic, which is the span of a little under 2 months. More than 38 million Americans have lost their jobs, but the people who own the businesses are still flourishing, and that says A LOT about our economic system. Ring of Fire's Farron Cousins discusses this.
