Is it just money? Or is it power?
Wealth inequality has risen to stratospheric heights. The statistics, the real statistics, sound like fragments spun off from a madman’s dream. Eighty-five people have as much money as three and a half billion other people. Look at it like this: 85 people = 3,500,000,000 people. Forbes Magazine, which used to gleefully refer to itself as a “capitalist tool,” creates an annual list of the richest 400 people in the world. Ten years ago, their combined wealth was $1,000,000,000,000 (one trillion dollars). Now, after a world wide crash and all sort of bailouts, their combined worth is $2,000,000,000,000. They’ve doubled their money. How’ve you done? Did their money come to them because the magic of the market realised how ultra-special talented they were? Or because of power? Manipulating laws, buying politicians, even taking over governments. Has the power of money in the United States grown so great that democracy is just a charade? A large, frenetic, incredibly expensive one, but...