From 20th Century Robber Barons to 21st Century Robber Capitalist

This video says it all: https: income inequality. The 21st Century Robber Capitalist are as bad or worse that the 20th Century Robber Barons. Anti-trust like Legislation is needed to breakup the Board of Directors oligarchy and to tax unearned inheritances that are perpetuating this income inequality.

So, how did the Robber Capitalist steal from the middle class? First, they instituted 401k pensions and confiscated historical company pension fund contributions. Second, in the 1980’s they stop paying workers for increased productivity and took their productivity revenue gains for themselves. Finally, they stopped paying living wages and benefits. Not providing these leads to increased wealth for the robber capitalist.

The Robber Capitalist miss one central concept of Capitalism, i.e., workers are consumers. Thus as workers make less they consume less. Robber Capitalist threaten capitalism by monopolizing capital. There miss the irony of these circumstances.

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