February 24, 2020
The US Would Be Better off With Fewer Billionaires
If we want to expand the middle class, lift up workers and protect the environment, we need to protect our democracy from extreme billionaire influence.
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When folks say that billionaires shouldn’t exist, it’s nothing personal. Some billionaires are nice enough. Some spend generously on philanthropy.
That all sounds great. But we don’t need more do-gooder billionaires that give to charity — we need fewer billionaires.
The problem isn’t really individuals making money. The problem is having an entire system that grows the wealth of billionaires at the expense of everything else we care about — including our democracy.
…
Originally in CNN.
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