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Where Did All Those 'Capitalist Pigs' Go?   World Wide WTF?

Started May-11 by Apollonius (Theocritos); 64 views.

... According to Forbes‘s 35th annual ranking of billionaires, last year witnessed a population explosion. Some 660 new billionaires were added to the number for a total of 2,755.

And more than one in every four billionaires is an American.

According to Forbes, the richest man in the world is Jeff Bezos, founder of Amazon and owner of the Washington Post, with $177 billion.

Last year was the fourth in a row that Bezos led the list. His wealth exceeds the entire GDP of almost 150 nations.

Directly behind Bezos, at No. 2, is Elon Musk, chief executive of Tesla, whose wealth rose to $151 billion.

Numbers 4 and 5 were Bill Gates, co-founder of Microsoft, with $124 billion, and Mark Zuckerberg of Facebook with $97 billion.

‘As a class billionaires added about $8 trillion to their total net worth from last year, totaling $13.1 trillion,’ says the Washington Post.

‘The United States had the most billionaires, at 724, extending a rapid rise in wealth that hasn’t happened since the Rockefellers and the Carnegies roughly a century ago. China, including Macau and Hong Kong, had the second highest number of billionaires: 698.’

This tripling of the wealth of the world’s billionaires and 30 percent increase in their number came during a year when America and the West endured the worst pandemic in a century and worst economic collapse since the Great Depression.

‘While most of the world’s wealthiest people prospered during the pandemic, thanks in part to stock prices,’ writes the Post, ‘millions of Americans grappled with job loss, food insecurity, debt, eviction and poverty.’

Query: where was the outrage?

In previous times like these, where the rich got richer and the poor and working class rode the rails, we would have heard the excoriations of economic populists and echoes of TR’s ‘malefactors of great wealth’ and FDR’s ‘forces of entrenched greed’.

But Forbes‘s report of the population explosion among billionaires in 2020 passed seemingly without protest.

The dogs did not bark. Why not?

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