I'd argue business has less power now than they did 30, 40, 50 years ago.
And there's no comparison at all between now and the robber barons of 100+ years ago.
To your last point, only one person on that top 10 list inherited their wealth. Unlike 100 years ago, the majority of the super wealthy today are self made and achieved their wealth through creating highly successful companies that employ 10s of thousands of people and also created a lot of wealth for ordinary people in process. And many of them have donated a huge amount of their wealth already and have pledged almost their entire fortune to charity. And yet Bernie considers that "obscene". As long as I live, I'll never understand that mindset. But then again, I never held favorable views of the USSRs economic system either, so I guess some people are just wired differently.
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In response to this post by Seattle .Hoo)
Posted: 02/23/2020 at 8:24PM