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billionaires

400 Billionaires = Wealth of All 41 Million African-Americans

January 17, 2014 by Chuck Collins 1 Comment

Click here for updated numbers for 2015 from the new Forbes 400 Report. Preview: Just two years later, the wealthiest 100 now have as much wealth as entire African American population. The racial wealth divide has reached new heights. The billionaires that make up the “Forbes 400” list have as much wealth as the entire African-American […]

Filed Under: Classism in the Economy, Race and Class Tagged With: African Americans, billionaires, racial wealth gap, super-rich, wealth gap

The Myth of the Ultra-Rich Job Creator

February 13, 2013 by Lita Kurth 4 Comments

You would think from watching “Downton Abbey” that the only reason enormous estates existed was to provide jobs. Every time a change comes up, the lord of the manor bemoans its possible deleterious effect on his tenants and servants. And a remarkably high proportion of those servants seem happy to live their entire lives in […]

Filed Under: Class in the Media, Classism in the Economy, Classist Corporations, Poverty, Race and Class Tagged With: billionaires, Downton Abbey, job creation, millionaires, super-rich, tax breaks for business, ultra-rich

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