How to Expose the Global Power Elite
The Transnational Capitalist Class in Global Conflicts, Environmental Crises, and Economic Disparities
Some of my writings might lead some to misinterpret my views as anti-capitalist, or even label me a leftist in the classical sense. However, this is far from the truth. I am a staunch capitalist who thoroughly enjoys debunking any ill-conceived notions about socialism. My criticism isn't of capitalism itself, but rather of crony capitalism – the kind that thrives on exploiting the less fortunate through financial manipulations and currency machinations within a small circle of power players. This unethical approach to wealth generation is something I vehemently oppose. I resent being lumped together with these individuals merely because of my family's reputation. It’s why I seek to educate people on what is really happening behind closed doors.
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My father's career shift in 2002 from high finance in New York to a more tangible, output-driven work in Los Angeles is a decision that profoundly influenced my values. His move was a stand against the exploitative aspects of finance, choosing to create real, tangible value instead. Watching him work tirelessly to build something concrete and meaningful in LA taught me the importance of honest labor over making money through dubious means. His decision to leave a lucrative position for principled reasons is one I hold in the highest regard and has significantly shaped my understanding and respect for ethical business practices where value is given for value.
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In January 2016, Oxfam International revealed that 62 individuals possessed as much wealth as half the global population. A year later, this disparity intensified, with only eight men owning an equivalent amount of wealth.1 This trend of wealth concentration is escalating so swiftly that it's conceivable that in the near future, a single individual might accumulate more wealth than half of humanity. In 20172, the six wealthiest billionaires, identified by their nationality and estimated net worth, were Bill Gates (USA, $88.8 billion), Amancio Ortega (Spain, $84.6 billion), Jeff Bezos (USA, $82.2 billion), Warren Buffett (USA, $76.2 billion), Mark Zuckerberg (USA, $56 billion), and Carlos Slim Helú (Mexico, $54.5 billion). Forbes's 2017 billionaire list featured 2,047 names. Today, the top 8 billionaires each boast a net worth above $100 billion. These economic powerhouses are acutely conscious of this extreme wealth disparity and its rapid growth. Their position is akin to that of colonial plantation owners: a small, wealthy, and powerful minority, perpetually cautious of potential uprisings from the oppressed majority.
I aim to shed light on the expanding wealth gap and the mechanisms that protect and perpetuate these capitalist moguls. We need to question ourselves how the US Congress could pass significant tax cuts for these elites, further concentrating wealth. By understanding the dynamics of power and inequality, we might find ways to advocate for democracy and actual equality in the contemporary world.
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