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In reply to the discussion: Meet the 25 Billionaires Who Control Everything (per Brookings Institution) [View all]OnyxCollie
(9,958 posts)14. Lenin declared that “A few hundred multi-millionaires and millionaires
control the destiny of the world.
Now make that billionaires instead of multimillionaires.
The powerful make the rules, leaving the weak to accept the reality presented and deal with it. Max Weber (1922 {1978}, as quoted in Wright, 2002) described this as such:
{Action that is motivated by self-interest can still be} substantively heteronomously determined... {in} a market economy, though in a formally voluntary way. This is true whenever the unequal distribution of wealth, and particularly of capital goods, forces the non-owning group to comply with the authority of others in order to obtain any return at all for the utilities they can offer on the market... (p. 110 {p. 839}).
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Meet the 25 Billionaires Who Control Everything (per Brookings Institution) [View all]
Octafish
Sep 2014
OP
I'm halfway between you and the OP. It definitely is not 'control' but there is heavy influence
stevenleser
Sep 2014
#19
serving as a neolib in a neolib's neolib Cabinet is not "progressive" nor "giving something back"
MisterP
Sep 2014
#33
What amazes me the Koch money is an outright personal buy for influence in the Political Elite.
gordianot
Sep 2014
#29
Brookings can't convince me those other billionaires aren't also buying senators
valerief
Sep 2014
#32