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It's silly to talk about a "nation's" wealth in the age of neoliberalism. I had a friend from a very wealthy family in high school. The guy had like a dozen pa
by awkwarddaturtle 9y ago
It's silly to talk about a "nation's" wealth in the age of neoliberalism.
I had a friend from a very wealthy family in high school. The guy had like a dozen passports. He was a citizen of canada, britain, israel, US, and a bunch of other nations I forgot. His father was a lawyer who had business all over the place where he could shield income from other nations. Apparently, some countries don't report your earnings to the US and vice versa. Not only that, he was born in NY, went to high school in new york and yet his family rented a house in long island and owned a home in florida. Apparently, you get legal protection of your homes in florida that you don't in NY.
In other words, nations belong to the wealthy. The wealthy do not belong to nations. And the wealthy make the rules.