Robert ReichJul 20, 2024

At least 63 billionaires have now publicly endorsed Trump, hosted a fundraiser for him, or contributed to Trump aligned PACs.

Why are they rallying behind him? Tax cuts, mostly. But there's more.

The more Trump tears down democracy, the safer the oligarchy becomes.

Be warned.

Show threadgmsizemoreJul 20, 2024
@rbreich Doesn't the existence of an "oligarchy" imply that democracies - at least ours - are actually thinly disguised oligarchies? Indeed, "democracy" is simply a way to continues exploiting workers while generating much less "counter-control" than slavery or serfdom.
Show threadmartin lentink 🇪🇺 🇺🇦📎
@gmsizemore @rbreich Njet. You equate democracy with capitalism, which is a fallacy. Uncontrolled capitalism will inevitably evolve into oligarchy, which has nothing to do with democracy
Jul 20, 2024 at 7:02pmMastodon for Android
Show threadgmsizemoreJul 20, 2024

@martinlentink @rbreich How can you have oligarchs without oligarchy?

It is sometimes said "'Tis a gift to be simple," but that shouldn't be taken to mean "'Tis a gift to be simplistic."