Given the staggering 79% nosedive in billionaire taxes in the last four decades, it is questionable if plutocrats’ entirely predictable declarations on economic issues are even news at all. Nonetheless, the jump in the sum total of U.S billionaire wealth from $240 billion in 1990 to nearly $3 trillion today demands further examination as it brings attention to the failure of American capitalism. Simply put, capitalism is dependent upon a foundation of economic subordination rooted in class inequality and social discrimination along the lines of gender, race, and citizenship status.
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The REVIVAL Zine 