There is a certain aspect to this argument that may be true. But the real strength of the super wealthy is legal or semi legal fraud. Laws for taxing and laundering money are way to complex and murky to stop the massing of wealth in a few hands. See the last issue of 60 Minutes and how easy it is for lawyers though a maze of shell companies to launder and hide billions for powerful clients.

Jim Ridgway, Jr. military writer — author of the American Civil War classic, “Apprentice Killers: The War of Lincoln and Davis.” Christmas gift, yes!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store