Comments on: The billionaires next door

By: ludwig44

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

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

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

circulo110 — Sat, 20 Oct 2012 17:59:19 +0000

Wow, Romny. That sure is an articulate response.

By: romry

romry — Thu, 18 Oct 2012 20:04:59 +0000

Ma’am, why don’t you move to Cuba, or Chicago, or California? You have you head up your Communist,Socialist But. Your pointy head is showing,too.I hope you don’t sell a fricking one of your books-you MORON.

By: ptiffany

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

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?

http://unrepentantcapitalist.blogspot.co m/2010/08/act-one.html

By: hariknaidu

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

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
to EQUALIZE the EQUITATION

By: satori23

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.