“Robert Reich: Should We Abolish Billionaires?”
Am 01.07.2019 veröffentlicht
Former Secretary of Labor explains why need to reform our economy to combat inequality.
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“”America now has more billionaires than at any time in history, while most Americans are struggling to make ends meet”
“About 60% of all the wealth in America today is now inherited. America is creating a new aristocracy of people who never worked a day in their lives.”
There are basically only 4 ways to accumulate a billion dollars, and none of them is a product of so-called free market capitalism.
1. “to exploit a monopoly”.
2. “to get insider information unavailable to other investors”.
3. “to pay off politicians.”
4. “to get the money from rich parents or relatives.””