Wisdom from Robert Reich regarding "the perils of dynastic wealth"..
https://robertreich.substack.com/p/why-timothy-mellon-is-the-poster?
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@REDonaldAuthor Agreed.
I have long held it is bad for the overall economy as well. Far from a true "meritocracy" with talent rising to the top, it breeds that aristocracy of wealth that Jefferson referenced. And the power is wielded not by our true best and brightest but those who by accident of birth got the most advantages.