Robert Reich on the concentration of wealth:

[applegrove]

The concentration of wealth in the hands of an elite few isn't just bad for our economy. It's corrosive to our democracy.

When the wealthy and well-connected control our political system, the American people don't have a voice.

The result is demagoguery and corruption.

— Robert Reich (@rbreich.bsky.social) 2025-12-26T23:00:08.966441Z

[Mike Niendorff]

1. Historically, however ...

... it has been great for the guillotine industry.

But the ultra-rich never, ever learn. And their greed is never sated. So history repeats.


MDN

[ret5hd]

2. i have long said...

to many people:

“just remember, those gates can be locked from the outside too”

and

“we don’t have to get in…we just have to keep you from getting out.”

[Mike Niendorff]

4. Well said.

A palace can become a prison very, very easily. It's just a matter of which side of the door the guard station occupies.


MDN

[JustKay]

3. A conundrum

Ironically, America was founded by the ultra-rich of the day. Washington, Jefferson, and Franklin - all of them were extremely wealthy landowners and slave owners.

Having said that, this example also proves Mr. Reich's point, because when these very wealthy slave owners voted to accept the words, "All men are created equal," they were in fact referring to white, male land owners (the wealthy), over 21 years of age. The majority of Americans, slaves, people of color, women, and poor people did not have a voice at all.

Kay

[Biophilic]

5. And thus we have continued to tear ourselves apart.

[LetMyPeopleVote]

6. Welcome to DU