Making the Rich Richer.

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    The Trump presidency has been an absolute boondoggle for the super rich. Supposedly an "outsider", Trump was born into wealth and is in fact one of the privileged elite himself.

    According to Forbes, from March 23 through May 23, not a single billionaire on their top 25 list saw a decline in their wealth. Indeed, every single one increased their wealth tremendously.
    All told the 25 richest billionaires saw a combined increase in wealth of $255 billion over just two months.

    The top five US billionaires, Bezos, Bill Gates, Mark Zuckerberg, Warren Buffett and Larry Ellison increased their wealth by $101.7 billion or 26 percent between March 18 and June 17.

    On the other end of the pole, in a study conducted by the UK Institute for Fiscal Studies found that the bottom fifth of society, roughly 13 million people have seen their median household earnings decline by 15 percent.

    The pandemic has accelerated and exposed the rot at the core of the capitalist system, Musk, Bezos and the rest did not create billions of dollars through their individual labor but have laid claim on billions in fictitious capital which must be made real through the further extraction of wealth and labor power from the working class.

    This is what is driving the ruling class’ homicidal back to work and back to school campaign which is guaranteed to fuel a pandemic which has already killed more than 147,000 people in the United States. No matter the deadly consequences, children must be herded back into schools so parents can likewise be forced back into virus-ridden workplaces to generate profits.

    The resources and technology exist to stop the spread of COVID-19 and guarantee the health and well-being of every human on the planet. However, at every step of the way the capitalist system blocks a coordinated, global scientific response.

    Billionaires such as Musk and Bezos must have their ill-gotten wealth confiscated and companies such as Tesla and Amazon be brought under the democratic control of the working class. This can only be achieved through workers themselves organizing into rank and file committees, independent of the nationalist trade unions, in workplaces and schools, linking up with their class brothers and sisters around world in the fight for socialism.
    https://www.wsws.org/en/articles/2020/07/24/bezo-j24.html


 
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