Wealth doesn't trickle down – it just floods offshore, research reveals (2012)
Something is wrong and broken with "modern capitalism" 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't need any more capital at the moment.(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 > 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.)I wish the old Soviet Union was still around. The communist revolution scare put the fucking Fear of God into the capitalist class.