Such an old ruse, a myth to protect what is rather than change anything,
There are 184,300 US households with average wealth of $141.5 million. I can’t imagine they would let their fortunes be taxed without making an epic stink.
Source: Global Millionaires Say Yes to Taxing Extreme Wealth, Poll Finds – Mother Jones
Until there’s a clean break from the present economic model, and a return to something like the more ethical and democratic system which dominated in the immediate post-war years, all talk of ‘fighting inequality’ is just virtue-signaling. Just how hegemonic neoliberalism has become can be seen in the fact that even the charities and NGOs who attack inequality, such as Oxfam, whose annual report on global inequality coincides with Davos each year, have CEOs and top executives earning eye-watering amounts. Charity, like almost everything else, has become Big Business, with the pyramid structure the norm. Just over 70 percent of the people on this planet own just 2.7 percent of total wealth; 0.7 percent of the population control 45.9 percent of global household wealth.
You don’t have to be Che Guevara to acknowledge that this is totally obscene and morally unjustifiable.
via Davos: Where talk on ‘inequality’ is cheap, but a burger platter costs $59 — RT Op-Edge
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