As the wealth of two-thirds of the world’s billionaires is based on inheritance, monopoly and cronyism, Trump will be among friends in Davos.
Those at the top of Wall Street finance know that what they do may be wrong – but not necessarily illegal. And so they carry on, under the “watchful” eye of US authorities.
Living under the modern conditions of “liquidity,” humans know that everything can happen—yet nothing can be done with confidence and certainty.
To Trump, the broad masses of the American people are ultimately no better than Mexico’s poor. All he really desires is the approval of the billionaire class.
Amidst a reactionary revolution without precedent, the Democrats and the mainstream media only exhibit cluelessness, if not complicity.
From the United States to Japan and Europe, Gross Imaginary Product has exploded everywhere real interest rates have been kept below zero.
Why can’t 20th century tools be used to address 21st century income inequality?
Stagnation and inequality could lead to a Second Progressive Era in the United States – or something far more dangerous instead.
Americans are systematically lulled into believing that inequality is an unalterable fact of life.