Of the 1%, by the 1%, for the 1%
None of this should come as a surprise—it is simply what happens when a society’s wealth distribution becomes lopsided. The more divided a society becomes in terms of wealth, the more reluctant the wealthy become to spend money on common needs. The rich don’t need to rely on government for parks or education or medical care or personal security—they can buy all these things for themselves. In the process, they become more distant from ordinary people, losing whatever empathy they may once have had. (Read More.)
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Has everyone read this? Everyone should read this.
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Maybe the most concise, perfect & perfectly obvious paragraph about Why Trickle-Down Doesn’t Ever Work I’ve ever read....
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