The Rise of the American Oligarchy
motherjones.com
The Rise of the American Oligarchy
1–10 of 15 posts
Re: The Rise of the American Oligarchy
#2Submission statement b/c I know Mother Jones gets pilloried as a source by some on here:
This article is a thought-provoking piece that compares today's American billionaires (many of whom have made their fortunes in tech) to the Russian oligarchs that came about post-USSR and the former US uses of the term in the pre Civil War and Gilded Age.
It's an interesting thought piece and speaks well towards how the current class of US ultra-rich got there, and spend their wealth on passion projects and chosen philanthropic endeavors while contributing to the squeeze on the lower and middle class citizens mainly due to our tax code taxing on income and not wealth, and the loopholes that allow them to pay taxes as desired.
Re: The Rise of the American Oligarchy
#3The analogy of pouring the water into the soup is really catchy. Oligarchs spending money to convince society that the society should absorb various costs and accept increasing fiscal pressure. You will not receive any certification or credibility from institutions controlled by them if you're not a believer.
Re: The Rise of the American Oligarchy
#4[flagged]
Re: The Rise of the American Oligarchy
#5What's particularly striking is how the US, long perceived as a champion of democracy and fair play, has become a playground for these oligarchs, Russian or otherwise. The article poignantly highlights how the US itself is nurturing a similar class of uber-rich individuals who mirror the opulence and influence of their Russian counterparts. The description of the Amadea, with its lavish amenities and tangled ownership web, underscores the extravagance that symbolizes the detachment of these oligarchs from the realities of everyday people.
Re: The Rise of the American Oligarchy
#6[flagged]
> American-Israeli oligarchs plunder the whole world
Huh?
Re: The Rise of the American Oligarchy
#7Re: The Rise of the American Oligarchy
#8Earlier quoted context omitted.
> American-Israeli oligarchs plunder the whole world Huh?
Hollywood and copyrights to begin with? How many Russian oligarchs have Israeli citizenship, that's not a secret or conspiracy.
> Hollywood and copyrights to begin with? How many Russian oligarchs have Israeli citizenship, that's not a secret or conspiracy.
Huh?
Re: The Rise of the American Oligarchy
#9Earlier quoted context omitted.
Hollywood and copyrights to begin with? How many Russian oligarchs have Israeli citizenship, that's not a secret or conspiracy.
> Hollywood and copyrights to begin with? How many Russian oligarchs have Israeli citizenship, that's not a secret or conspiracy. Huh?
nothing
Re: The Rise of the American Oligarchy
#10I have a foolproof plan to deplete the wealth of the American oligarchs: stop coveting what they have. Bezos is super rich not because he has a huge pile of cash, but because he owns a slice of Amazon. If people just refused to buy his stock, the price would drop immensely and he would be worth far less.