Wealth doesn't trickle down – it just floods offshore, research reveals (2012)
Something is wrong and broken with &quot;modern capitalism&quot; if a mere 90,000 people have more wealth than 90% of the planet. All the arguments about investment and job creators falls flat; we have gobs and gobs of excess capital desperately seeing some productive investment. Capitalists don&#x27;t need any more capital at the moment.<p>(Reminds me of the hedge fund carried interest exemption, which primarily benefits less than 100 people in the USA, with the vast majority of the benefit to the tune of &gt; 1 billion dollars going to about ~5 people. So much so that they spent millions lobbying Congress to stop any attempt at closing the loophole and succeeded.)<p>I wish the old Soviet Union was still around. The communist revolution scare put the fucking Fear of God into the capitalist class.