Plutocrats Swallow U.S. Whole | Black Agenda Report

Plutocrats Swallow U.S. Whole

Nellie Bailey and Glen Ford

14 Nov 2017

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According to a report by Chuck Collins and Josh Hoxie, of the Institute for Policy Studies, three billionaires -- Jeff Bezos, Bill Gates and Warren Buffett -- own more wealth than the bottom half of the total U.S. population. “We’re really moving into a hyper-inequality phase, an advanced sort of plutocracy, wealth-creating-wealth dynamic,” said Collins. The report is titled “Billionaire Bonanza 2017.”

Rule of the Rich

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