Comments on: The billionaires next door Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: free backlinks Fri, 19 Dec 2014 18:13:00 +0000 I loved your article.Really thank you! Really Great.

By: ludwig44 Mon, 22 Oct 2012 02:47:31 +0000 One American is worth more than four non-Americans? Really? Do you have a formula re this?

By: 1bar1 Sun, 21 Oct 2012 18:16:45 +0000 “I can hire half the working class to kill the other half.”
Jay Gould, Robber Baron

By: haracters Sun, 21 Oct 2012 17:48:19 +0000 I wonder what Ms. Freeland’s salary is. I hazard a bit more than the average in the developed world, and a lot more than the $2.50 (or less!) a day that half the world tries to subsist on. No doubt she knows all about the rest of us.

By: circulo110 Sat, 20 Oct 2012 17:59:19 +0000 Wow, Romny. That sure is an articulate response.

By: ptiffany Tue, 16 Oct 2012 19:14:45 +0000 It’s time to admit that the America Class War is long over. The plutocracy is firmly emplanted and the pee-ons should just accept their fate.

By: jambrytay Tue, 16 Oct 2012 19:06:49 +0000 We wring our hands at the ‘sorry shape’ of the middle class, but the hand-wringing isn’t supported by facts.

Based on a 40+ year study of household income data from the US Census, the losses in numbers of middle class households has been offset by an increase in the number of upper income households (the number of lower income households has held constant).

Middle class households are becoming upper income households. This is a problem? m/2010/08/act-one.html

By: hariknaidu Tue, 16 Oct 2012 10:16:18 +0000 Plutocracy in US is an economic phenomenon. Only in US can such socio-economic divide between rich and poor exist because of socalled *American Exceptionalism*.

What does thgat mean?

It means that unlike in EU, the social economic model is screwed in favour of the rich, and there is little or no fiscal policy baseline to normatively effect progressive redistribution, as economy grows.

Socio-economic divisions eventually lead to social-political conflict between individuals, nations, and business.

We’ve seen it throughtout recent European history – which led to wars between states and eventual creation under Rome Treaty present day EU.

There is a built-in conflict between the *social market economy* of EU post-industrial model compared to winner -take – it – all American plutocracy.

By: Tannehof Tue, 16 Oct 2012 08:51:21 +0000 There is ONE BIG FLAW of the argumentation
of which the super rich are very well aware
but the 99% appear not yet to have realized
… in EARNEST …
The Superrich are not even 1 % they are may be 0.01 %
of all … THAT makes their riches VULNERABLE …
as it would be a PIECE of CAKE

By: satori23 Tue, 16 Oct 2012 00:31:31 +0000 I’ll be brief. We see these developments in cycles. With regards to lessons throughout our history the title of your book should be:

‘Demise of the plutocrats and rise of everyone else’.

This cycle will end soon.