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> Wealth concentration has reached historic levels. The top 1% of households control 32% of all wealth, while the bottom 50% only have 2.6%. Welcome to oligarc
by thrance 2y ago
> Wealth concentration has reached historic levels. The top 1% of households control 32% of all wealth, while the bottom 50% only have 2.6%.
Welcome to oligarchy, America. Private citizen Musk now owns the government, being the largest donor of the republican party. The democrats are bought too and now only show a principled opposition.
What remains of public services will get privatized on bullsh*t excuses (through DOGE, for example) so that Musk and his friends can put their hands on the latest markets.