Often after Democrats propose a tax hike on the super-rich, or campaign finance and lobbying reform, pundits cry out "Hey, that's class warfare!" Well, yes it is, but we didn't start this war.
The super-rich in America hold grossly disproportionate political power and wealth. They use their wealth to buy political power, and then use that political power to acquire more wealth. They use that newly acquired wealth to buy more political power which brings them more wealth and greater power in an upward spiral that serves them at the expense of everyone else.
When we consider climate change alone, through this strategy the super-rich are literally destroying our planet. It’s time to fight back.
The bulk of this diary contains page-indicated excerpts from David Rothkopf’s 2008 book Superclass, an exhaustively documented indictment of the super-rich. But before we get to those reasons for the poor, middle class and rich to join forces and wage full-scale political and economic war on the super-rich, let’s consider the nature of the problem in more detail, and a proposed strategy for fighting one front of this war.
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