IN PRAISE OF THE IDLE RICH WASTREL
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✍️ The article discusses the growing concentration of wealth in the United States and the potential for a return to patrimonial capitalism, where inheritance is the dominant form of wealth acquisition.
👉 The top ten slots in the Forbes 400 are still dominated by self-made men 👉 Government policies are encouraging wealth preservation 👉 The wealthy are resorting to desperate measures to preserve their wealth 👉 Dissipation is a threat to intergenerational wealth 👉 Family mission statements prioritize wealth preservation over other values
-- #ThomasPiketty #ChuckCollins #JamesHaroldWebb #SamSchmidt #VictorHaghani #JamesWhite #AndrewCarnegie #DonaldTrump #SteveWitkoff #LarryEllison #DavidEllison #AbigailTrafford #HenryAllen #politics
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