We can only conclude that the elite own the rules and their functionaries fight to rig them in their interests, especially on tax, labour rights, monopolies and intellectual property; on land control, planning and extraction rights, and union-busting.
Since 2020 and over these pandemic years, the top 1% have managed to seize nearly two-thirds of the $42 trillion in newly-created wealth. This is nearly twice as much money as gained over the same period by the remaining 99% of humanity.
The “average” billionaire has gained roughly $1.7 million for every $1 of new wealth earned by a person in the bottom 90%.
These numbers feel staggering, at a scale that is almost beyond comprehension.
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