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‘By some measures, wealth concentration in America today is greater than in fourteenth-century Europe, even though America is democratic and fourteenth-century Europe was, you know, feudal.’

lol

Final paragraph:

We have the power to stop, through more sensible tax and regulatory policies and a resurgence of union organizing, the torrent of wealth flowing upward to billionaires. I worry a lot about what will happen if we don’t act soon. Many people fear an abrupt end to democracy under Trump. I don’t, especially. What I do fear, though, is that unless we find a way to correct the wealth-based power imbalance that gave us Trump in the first place, our democracy will flicker out more gradually. To paraphrase Louis Brandeis: We can keep our democracy, or we can hatch our first trillionaire.

Margaret Soltan, June 28, 2025 8:32AM
Posted in: just plain gross

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2 Responses to “‘By some measures, wealth concentration in America today is greater than in fourteenth-century Europe, even though America is democratic and fourteenth-century Europe was, you know, feudal.’”

  1. Dmitry Says:

    Abrupt or gradual, the end is the same. Any thoughts on the recent spate of Supreme Court rulings?

  2. Margaret Soltan Says:

    The rulings are troublesome and sad.

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