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The "fewer and fewer" part is empirically incorrect. The millionaire+ class is growing, not consolidating. The narrative is seductive but it is a lie.
by oldmanjay 11y ago
The "fewer and fewer" part is empirically incorrect. The millionaire+ class is growing, not consolidating. The narrative is seductive but it is a lie.
- clusterfoo 11y agoA growing millionaire class is not mutually exclusive with consolidation of wealth, if growth of millionaire class is less than reduction in middle-income class.