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Can Democracy and Billionaires Coexist?

Sam Pizzigati Inequality.org
Not on this planet. The wealthiest of our wealthy, a just-released report from Americans for Tax Fairness points out, are doing their best to keep these good times — for America’s rich — rolling.

Tidbits - June 10, 2021 - Reader Comments: Manchin and the Filibuster; Secret IRS Files; Police Reform; Palestinian Workers; Gender Diversity; Evangelicals and MAGA; Whiteness of Wealth; Art of the Spanish Civil War; Books on Sale; Announcements

Portside
Reader Comments: Manchin and the Filibuster; Secret IRS Files; Police Reform; Palestinian Workers; Gender Diversity; Evangelicals and MAGA; Whiteness of Wealth; Art of the Spanish Civil War; Books on Sale; Announcements; and more...

Davos Man Is a Neanderthal Protectionist

Dean Baker - Beat the Press Center for Economic and Policy Research
Davos Man is also fine with government regulations that reduce the bargaining power of ordinary workers. For example, Davos Man has not objected to central bank rules that target low inflation even at the cost of raising unemployment. Nor has Davos Man objected to meaningless caps on budget deficits, like those in the European Union, that have kept millions of workers from getting jobs.

We, the Plutocrats vs. We, the People - Saving the Soul of Democracy

Bill Moyers Tom Dispatch
Our country's greatest failing, the true disaster, of our time: the scourge of growing inequality, economic and political. It is despicable as the very wealthy convert their financial might into political power to guard that wealth while exacerbating inequality further. This is the vast difference between a society whose arrangements serve all its citizens or one whose institutions have been converted into a stupendous fraud - democracy in name only.

Playing God - The Rebirth of Family Capitalism or How the Koch Brothers, Sheldon Adelson, Sam Walton, Bill Gates, and Other Billionaires Are Undermining America

By Steve Fraser TomDispatch
Think of this as the year that democracy of, by, and for the billionaires shall not perish from the Earth. In other words, these days, if you have billions of dollars, you can shout from the skies and the rest of us have to listen. They are: Sheldon Adelson, Charles and David Koch, Sam Walton, Rupert Murdoch, Linda McMahon, or hedge fund honchos like John Paulson and Steven Cohen.
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