Showing that rich women in 1969 are “living in a bubble” is like demonstrating that, as ever, water is wet. But even if Palm Royale was meant to deliver messages of great satirical significance, it’s too weak to carry them.
Leopold’s new book offers a closer and more detailed look at how wealth extraction occurs, how workers bear the brunt of it, and how this dynamic challenges our political organizing efforts by labor unions and other progressive change organizations.
This study, writes reviewer Rosen, "assesses the growing gap between that super-rich millionaires and billionaires and ever-increasing number ordinary people who populate the planet."
While most Americans predominantly live off the income they earn from a job—income that is taxed all year, every year—the very richest households live lavishly off capital gains that may never be taxed.
The only way to steer American democracy to safety is to wrest money out of the claws of the wealthiest elites, who now control finances rivaling the economies of whole nations.
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Succession is heading toward its series finale, having settled into a portrait of how the ultrarich’s quest for limitless accumulation crowds out any semblance of humanity. The show is the most potent piece of class critique on TV in recent memory.
Congress hiked the nation’s top-bracket tax rate to around 90% for two decades to see the emergence in the United States of the world’s first mass middle class.
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