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If this was true, you would have seen all of them migrating en-mass to some Caribbean or European micro-state. Despite possessing the means to move freely betw

If this was true, you would have seen all of them migrating en-mass to some Caribbean or European micro-state. Despite possessing the means to move freely between nation-states, the rich are also equally addicted to the comforts that they can purchase with their wealth. No, its far more easier to lobby politicians to create loopholes in tax policy so that somehow they pay less tax in proportion to everyone else. Nevertheless, the author does have a point. Historians, economists and sociologists have studied this to death and even some more. As inequality becomes more pervasive and the paths to upward social classes becomes blocked off to the lower ones, the disenfranchised will naturally rise to challenge the status quo. Being rich or powerful doesn't mean wisdom or you can avoid the inevitable tide of change. If it did, France would still be a monarchy and the Chinese would still have an Emperor.

kls 16y ago
If this was true, you would have seen all of them migrating en-mass to some Caribbean or European micro-state. And that raises a good point, I live very close to the Caribbean and own property in the Caribbean (well the Keys, but I boat to many of the others islands a good deal), these nations should serve as an example of a super rich based economy. There are only two classes on most of these islands, the supper rich and those who provide service based, low wage labor to the super rich class or vacationers. These nations serve to exemplify what happens in an economy where wealth is consolidated unchecked. Being rich or powerful doesn't mean wisdom Never have truer words been spoken, there is a lot of luck in wealth as well, but once you become wealthy it takes a lot less luck to maintain and grow it.