• Xavienth@lemmygrad.ml
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    7 months ago

    Also, a lot of those 8% are millionaires on paper, and it’s only because they own a home that they bought when it was $200,000. They’re not buying yachts and eating gold foil caviar and whispering into politicians’ ears or whatever. The ultra wealthy are as concentrated as ever.

    • axont [she/her, comrade/them]@hexbear.net
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      7 months ago

      Yeah that too. Eyes Wide Shut continues to be correct. Some random dentist with a $2 million property has an unreasonable amount of sway in American society, and yet even that amount of influence is dwarfed by the ultra bourgeoisie. The rest of us have no influence at all.