We’re Living Under the Cruelest Form of Capitalism [sic] in the World

Source: In These Times
by Robert Reich

“Elon Musk’s wealth has surpassed $200 billion. It would take the median U.S. worker over 4 million years to make that much. Wealth inequality is eating this country alive. We’re now in America’s second Gilded Age, just like the late 19th century when a handful of robber barons monopolized the economy, kept wages down, and bribed lawmakers. While today’s robber barons take joy rides into space, the distance between their gargantuan wealth and the financial struggles of working Americans has never been clearer. During the first 19 months of the pandemic, U.S. billionaires added $2.1 trillion dollars to their collective wealth and that number continues to rise. And the rich have enough political power to cut their taxes to almost nothing  –  sometimes literally nothing. ” (11/09/21)

https://inthesetimes.com/article/robert-reich-elon-musk-capitalism-inequality-wealth-tax