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About James Petras

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View all posts filed under 4 October 2017

How Billionaires become Billionaires


10.04.2017 :: United States

America has the greatest inequalities, highest mortality rate, most regressive taxes, and largest public subsidies for bankers and billionaires of any developed capitalist country. In this essay we will discuss the socio-economic roots of inequalities and the relation between the concentration of wealth and the downward mobility of the working and salaried classes.


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