The difference is that the billionaire (better put, the owner class) is the apex predator, so to speak, so there is no one above it demanding higher rents or th

The difference is that the billionaire (better put, the owner class) is the apex predator, so to speak, so there is no one above it demanding higher rents or threatening to put out if business. He falls from ten billion to seven billion. There is so much extra padding he could never spend it. Caveat, I am not anti capitalist. But I do think much of the dynamic driving the entire financial side of the economy is the mental process of a very few. That is, at tuis level its not impersonal forces. They pick up the phone (or mail in this case) to the CEO of the companies they own and say: get the stock price back up by cutting 20 percent.