The Meritocracy Myth: How the Super-Rich Really Make Their Money


See on Scoop.itPahndeepah Perceptions

(Image: Jared Rodriguez / t r u t h o u t; Adapted: Azureon2, bayat)PAUL BUCHHEIT FOR BUZZFLASH AT TRUTHOUT Warren Buffett once claimed that the “geni…

Keith Wayne Brown‘s insight:

Case in point: "Checking the Stock Portfolio Every Morning… In one year the Forbes 400 ‘earned’ more than the total combined budget for SNAP, WIC (Women, Infants, children), Child Nutrition, Earned Income Tax Credit, Supplemental Security Income, Temporary Assistance for Needy Families, and Housing. These lucky 400 were the main beneficiaries of a stock market that grew by $4.7 trillion in just one year."

See on www.truth-out.org

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