“THE AMERICAN MYTHOLOGY OF THE BILLIONAIRE”

Can’t we please put it to rest, before Musk, Gates and the entire flotilla of malevelent dingbats drive this country over the edge?

Amanda Marcotte writes in Salon:

The infatuation with our richest capitalists is related to, but in many ways goes even beyond, the illusion that the U.S. is a meritocracy. The notion that to be very rich must also mean you’re brilliant permeates our society, justifying both ridiculously low taxes on the wealthiest Americans and the undue influence they exert over our political system. It’s a social fiction that dates back to the Gilded Age and has covered up the intellectual deficits of many famous Americans.”

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