Showing posts with label the superrich. Show all posts
Showing posts with label the superrich. Show all posts

Wednesday, May 20, 2026

Chris Hedges: Why You Should Hate the Rich Even More (w/ Rob Larson)

June 19, 2025 | The rich are severed from the rest of us — materially through gated communities and jets, and psychologically through the bubbles they exist within.


NB: I post this not because I agree with all viewpoints expressed therein; rather, I post this very interesting video for the insights it gives us all into the workings of the American élite. It should be noted well that Chris Hedges , despite being born into great wealth and privilege, is a socialist. I do not share his political and ideological bias in this matter, even though I have the greatest respect for his erudition and intellect.

My own political position is very moderate: I decide on each political issue based on its merits and demerits. That means to say that whether I am on the right or the left depends on what is being considered. So, in general, I am neither left nor right. As far as I am concerned. neither side has a monopoly on the truth.

In many ways, I despise this left-right divide in society, in the economy. The divide is very contentious and it is inclined to cripple the possibility of finding a sensible way forward.

The main thread in my political and economic thinking is that an economy should work for the good of all citizens, for the rich and poor alike. — © Mark Alexander

Friday, June 30, 2023

Super-rich Warned of ‘Pitchforks and Torches’ unless They Tackle Inequality

THE GUARDIAN: Global elite told at London’s Savoy hotel of real risk of ‘civil disruption’ if more is not done to help struggling millions

The conference took place in the ballroom of the Savoy hotel and was attended by about 500 members of the global super-rich and advisers. Photograph: Steve Gorton/Getty/Dorling Kindersley RF

In the ballroom of the five star Savoy hotel on the Strand in central London, the super-rich and their advisers were this week advised that they may soon need to watch out for people with “pitchforks and torches” unless they do more to use their fortunes to help the millions struggling with the cost of living crisis.

At an investment conference organised by Spear’s wealth management magazine, members of the global elite and their financial teams were told by progressive advisers that there was a “real risk of actual insurrection” and “civil disruption” if the yawning inequality gap between rich and poor was allowed to widen as a result of energy and food price hikes hitting squeezed households.

Julia Davies, a founding member of Patriotic Millionaires UK, a group of super-rich people calling for the introduction of a wealth tax, warned that global poverty and the climate emergency were going to get “so much worse” unless the wealthy did more to help poorer citizens. » | Rupert Neate, Wealth correspondent | Friday, June 30, 2023

Sunday, November 06, 2022

The Rise of the Global Super-Rich and the Fall of Everyone Else | ENDEVR Documentary

Nov 6, 2022 | This documentary travels through a world of joblessness, debt, and economic uncertainty to the sovereign nation of the plutocrats, where each crisis seems to offer a new business opportunity. In America, where the 2008 financial meltdown cost $4 trillion in economic output, fortunes were made by the very people who precipitated the disaster while millions lost their homes and their savings.

Austerity in Europe, economic stagnation in Asia, a "lost generation" of the young and unemployed - signs we are living through a fundamental global reorganization, the result of which no-one can predict. The world of the 1% has arrived, and the wealth gap is now greater in many countries than during the Gilded Age, the era of the Rockefellers, Carnegies and Vanderbilts. Can our stressed democracies deal with the fallout? Or have governments simply become instruments of the new elite?


Monday, November 16, 2020

Born Rich – Documentary

This documentary by Jamie Johnson, heir to the Johnson & Johnson pharmaceutical fortune. He captures their rituals, worries and social customs. This is a documentary on the children of the superrich.

Directed by Jamie Johnson, one of their own and heir, this 80-minute documentary focuses on the growing wealth gap in America, as seen through the eyes of the filmmaker and 27-year-old heir to the Johnson & Johnson fortune.