@aburtch In this current inflation yes.
IF the inflation rises enough you can say that about trillioniares and so forth.
I don't know what the formula should be, but I am pretty sure 1% should not own even 25% of the wealth of any given country.
Billionaires should not be allowed to exist in the first place.
Agree, the french found a good solution for the problem.
An invitation to visit A Madame that could not be refused
Generally a Madame is a Prostitute, in the french solution it means a mechanical Gravity powered device called a Guillotine.
@aburtch Fascism's inventor Mussolini said that fascism is the merging of state and industry.
Capitalism out of control sees everything as utilitarian. If politicians do not resist, then fascism is more or less the natural outcome.
With the broad scale adoption of neoliberalism on the left, economic decline does that, things were set in motion.
Neoliberalism always has been a rich mans game, starting with the well funded Heritage and Chicago school 80 years ago.
