Until then, many believed that ultrawealthy plutocrats such as Treasury Secretary Andrew Mellon could manage the economy by allowing other plutocrats to run wild.
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Supermarket prices have tripped up politicians and plutocrats for decades.
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But many other plutocrats have become rich in competitive markets.
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Gilded Age plutocrats hunted fox and summered in these hills.
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Trump was busily selecting plutocrats to populate his cabinet, and Freeland had written a best-selling nonfiction book titled "Plutocrats," a close study of the excesses of the superrich in the age of growing inequality.
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He is the author of Plutocrats United (Yale University Press 2016).
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Some plutocrats have already left; others want to rent, not buy.
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The plutocrats took all of our nation's economic gains for themselves.
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Some of these plutocrats will be more politically experienced than Schultz.
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For some plutocrats this has wiped out an entire year's tax bill.
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But most Americans probably would not notice a decline in plutocrats' fortunes.
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Now the fat cats and plutocrats have Warren squarely in their sights.
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The idea of including India's plutocrats in the handout sticks in the craw.
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The girls on Sweet / Vicious aren't upper-crust plutocrats like the Caped Crusader.
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Being led by a billionaire, American populism has been good for the plutocrats.
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It could be that he has looked for the wrong types of plutocrats.
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What is more, plutocrats may not report their incomes accurately in the survey.
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Trump's government is shaping up to be a team of plutocrats and militarists.
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" Justin Miller looks at the Illinois governor's race in "Battle of the Plutocrats.
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It has frequently been remarked that Trump has stacked his Administration with plutocrats.
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Depending on how you feel about billionaire plutocrats, their money is always tainted.
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And what of the fat cats leading FTSE firms and the plutocrats in Parliament?
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Do the world's plutocrats subsist solely on chocolate bars and chicken, like Howard Hughes?
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Coercion - financial or otherwise - to silence independent voices is the prerogative of the plutocrats.
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Did the new prosperity of plutocrats "trickle down" to the nation as a whole?
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Most significantly, McCain fought for campaign-finance laws to reduce the influence of plutocrats.
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The Republicans use inflammatory rhetoric, money from plutocrats and demagogy to prove their points.
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In one of the world's urban centres, celebrity painters rub shoulders with politicians and plutocrats.
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That's the leverage that plutocrats have, and that's what goes on in places like Davos.
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Racism served imperial capitalism well, and xenophobia serves neoliberalism and global plutocrats just as effectively.
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Tom Steyer and other liberal plutocrats want the president impeached and thrown out of office.
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Plutocrats are unpopular in lots of places, but Chileans seem to regard theirs with particular suspicion.
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As in other countries, many German journalists are left-leaning and display instinctive hostility towards plutocrats.
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Or tout Trump's campaign against elites, and tout the plutocrats he's recruiting to run the government.
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Meanwhile rivals, such as the Kavli and Breakthrough prizes, are being endowed by more recent plutocrats.
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A modern populist party could attack tech plutocrats the same way William Jennings Bryan attacked industrialists.
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They constituted a decile of discontent, squeezed between their own countries' plutocrats and Asia's middle class.
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The authors don't give the plutocrats a completely free pass on the massive wealth they accumulated.
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She refused, with a pointed statement that painted Fox News as a tool of the plutocrats.
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That was back when he was demonizing Wall Street and the plutocrats gorging at its trough.
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The bigger national disgrace is the discrepancy in income between low-wage workers and the plutocrats.
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Both pundits and plutocrats like to imagine themselves as superior beings, standing above the political fray.
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The HBO show draws drama and comedy from the plutocrats who order so much of American life.
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BECKY WSZOLEKDorset, Vermont Richard Wynne criticised space tourism for being the plaything of "plutocrats" (Letters, October 15th).
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The plutocrats of the 215th century amassed fortunes in the form of financial investments, mines and factories.
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Some of Mr Drahi's fellow plutocrats make a killing from financing the guarantees that auction houses offer.
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The militarists are more scary than the plutocrats because they can unleash real violence in the world.
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You could fill a $238 million Central Park condo with what these plutocrats and other don't know.
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So a few more Trump supporting fossil-fuel plutocrats can add another zero to their bank account?
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This is a very good question, because it broadens the circle of complicity beyond the plutocrats themselves.
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The tiers bottom out at $25,000, the cheapest ticket in a kind of garage sale for plutocrats.
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Their membership seems, rather, more like a stamp of conservative approval, the establishment's imprimatur for worthy plutocrats.
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Tax the plutocrats, raise the minimum wage, give everybody health insurance, and you'll see this trend reverse.
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Experts disagree on whether plutocrats can wriggle out of such levies, because few rich countries use them.
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And if he saw this magnificent room full of plutocrats celebrating his legacy, he would be very confused.
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" Be mischievous: A Washington poohbah who knows both of them texted me: "Both are plutocrats masquerading as populists.
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But these small liberalising steps were overshadowed by the arbitrary locking up of feminists, plutocrats and many others.
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Jarvis said he learned the trade and made friends with the sons and daughters of China's emerging plutocrats.
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Or that more than a few donor-angels were plutocrats trying to scrub their cash clean with art.
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What's more, Sanders and another of the six, Elizabeth Warren, have raised buckets of money without courting plutocrats.
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There will be women and men; African Americans, whites and Hispanics; very young and very old; plutocrats and socialists.
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They make up 31m of America's 33m businesses and range from mom-and-pop firms to plutocrats' hedge funds.
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Romney's constituency of sober plutocrats is shrinking, yet still powerful enough to resist Trump and bankroll a civil war.
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The artists who make the museum's art have rarely seemed less aligned with the plutocrats who dominate its board.
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Meanwhile, bloated plutocrats like Trump, the Koch brothers, the Bushes, Carl Icahn, and Paul Ryan embrace openly regressive policies.
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Making the economy more competitive would do more for ordinary folk than tarring all plutocrats with the same brush. ■
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On October 31st he vowed to "go after" Britain's plutocrats, singling out five individuals and bemoaning a "corrupt system".
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"They're using the same systems that giant companies or plutocrats are using to hide their money overseas," Madden said.
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Instead of cracking down on Wall Street plutocrats, he's appointed them to his cabinet and given them tax cuts.
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Even if you end up with a 50/50 mix of activists and plutocrats, it matters whose design it is.
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Washington's current expertise in stroking the egos of plutocrats will have to be replaced with more consumer-oriented marketing chops.
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My new friend merely returned the crossword to its original state, a reclamation by the commoner against the global plutocrats.
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The Wall Street plutocrats behind the argument went to all the right schools and belong to all the right clubs.
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But 21st century income inequality has the average American living in economic fear and worried about political domination by plutocrats.
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Ms. Nixon wants to stand in the same philosophical space, railing against the unaffordable city, the tyranny of urban plutocrats.
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I don't even mean that plutocrats as well as plebeians will eventually suffer if America becomes a lawless, authoritarian regime.
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It is primarily habits of the heart (to borrow Tocqueville's phrase) that make us saints or swine, socialists or plutocrats.
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It took place in what was supposed to be her safe space: a closed-door gathering of her fellow plutocrats.
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Contributing Opinion Writer You could always slight the very rich by calling them moneybags, robber barons, fat cats or plutocrats.
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It includes items like arms sales and whether a country's financial rules enable tax evasion by plutocrats in poor nations.
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But we do know that Trump's incoming Cabinet of plutocrats is unlikely to leave a legacy that benefits most American families.
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If neither approach works, you could try to get into a top college—but remember that not all Princetonians become plutocrats.
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The tax bill recently approved by Congress directs, in ways both big and small, even more gains to the country's plutocrats.
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A new generation of plutocrats has amassed great fortunes, in part because the federal government has minimized the burden of taxation.
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But they set a model of crooked plutocrats dangling fabricated information, which Trump eagerly lapped up, in exchange for political favors.
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Once the silent social contributions to wealth are recognised, then a substantial portion of all the plutocrats' billions looks ill-gotten.
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And Democrats will be only too happy to run against the GOP's tax giveaway to plutocrats in next year's midterm elections.
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Only in tax havens such as Cyprus or Monaco, or captured economies such as Russia or Georgia, are plutocrats more dominant.
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The grass-roots right may have disliked the plutocrats' economic agenda, but they repeatedly accepted it to gain access to power.
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Her critics insist she was currying favor with Wall Street plutocrats in the speeches, no matter what she says bout financial regulation.
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As the German rich mingle with plutocrats elsewhere and their companies have globalised, they are starting to become a little less diffident.
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These plutocrats are not likely to implement the kind of economic populism, especially on trade, that Trump touted on the campaign trail.
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As always, he railed against the plutocrats, disparaging Democrats for joining with Republicans to deregulate Wall Street and pass free trade deals.
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Obama and Sanders tapped into the energized populist base, but Clinton has Barbra Streisand, Cher and a cast of Wall Street plutocrats.
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Young analysts told me they were being priced out of Brooklyn, much less Manhattan, by rising hedge-fund plutocrats and their ilk.
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The Republican Party is under the thumb of a small group of plutocrats endangering our economic future to feed their insatiable greed.
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The circle of investors grew to include a who's who of American plutocrats: Rupert Murdoch, the Walton Family, and the DeVos family.
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That said, it must be noted that private-sector space plutocrats are getting, collectively, billions of U.S. taxpayer dollars and subsidies. Why?
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They're also not self-hating plutocrats like Nick Hanauer who openly decry their station in society and constantly demand just economic policies.
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Screwball comedies are typically populated by madcap socialites, irate plutocrats, plucky working girls, comic servants, idiotic lounge lizards and English-mangling foreigners.
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If we denude these plutocrats of their moral glow, I think it would actually become much harder for them to rule us.
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Mr. Strausman flunked out of various colleges before rising to prominence in the late 1980s, serving Tuscan food to East Side plutocrats.
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Frank Bruni Poor Donald Trump, so late to the lesson that so many plutocrats before him learned: You can't find good help.
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Meanwhile, the region had been eclipsed by the Himalayas as a destination for adventure-seekers and plutocrats looking for a braggable challenge.
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Yet his cabinet choices have largely been ideologues and plutocrats who may or may not carry out Mr. Trump's contradictory campaign promises.
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Hedge fund managers seem to be pilloried daily by politicians and plutocrats, including Democratic presidential candidate Hillary Clinton and billionaire Warren Buffett.
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On the other side of the market, bustling plutocrats are an ever-present source of demand for temporary accommodation and bursts of luxury.
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What do you do as a politician when billionaire plutocrats drop millions of dollars into a super PAC dedicated to ending your career?
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Sanders-style activists, enraged by the injustice of income inequality, aren't likely to find a natural ally in a bunch of tech plutocrats.
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Plutocrats need digital services too and this offers the best of a few worlds at least in terms of technology, design, and aesthetics.
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But plutocrats' pledges, no matter how generous, are hardly proof that a low-carbon transition can be allowed to happen on their terms.
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Why it matters: Davos is a small town, where plutocrats and heads of state eddy around each other, each with their own gravitational attraction.
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Small wonder, then, that plutocrats are seeking advisers' counsel—and increasingly taking action—to keep their incomes, mansions and pensions out of Labour's clutches.
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Plutocrats have reached the top of politics in America and Italy, while in Asia the super-rich often display their wealth in ostentatious style.
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But to shift blame from themselves, where blame belonged, plutocrats willingly fomented racial and class divisions, a common tactic of "one-percenters" for generations.
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Rather, it was Mar-a-Lago in the Swiss Alps, a place where Trump could comfortably bask in the admiration of his fellow plutocrats.
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These disappointments are due in large part to a White House team that is divided between Trumpian populists and old-fashioned Wall Street plutocrats.
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Rob: If you look at the history of NFL owners a lot of these guys were dirtbags even by the standards of rich plutocrats.
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Striving to maximize his profits, Ismay, in effect, sinks his ship, filled with British and American plutocrats who are served by a heroic crew.
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These politicians, in addition to their policy positions, eagerly accept large political contributions from influence-peddling plutocrats on Wall Street and in corporate America.
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Our electoral process has become corrupted, with politicians seeking to block some from the ballot and plutocrats seeking to beguile those who would vote.
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But it also opens the president up to criticism that he has veered away from his vows of populism by surrounding himself with plutocrats.
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Bannon understands that if President Trump gave a raspberry to plutocrats, including all the ones in his own administration, he would grow more popular.
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Having nominated a cabinet drawing heavily on plutocrats, Mr. Trump may not be aware that the stock market is not what interests average Americans.
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But whereas many politicians endure groveling at the feet of plutocrats as an unfortunate job requirement, for Rubio it seems to satisfy a lifelong fascination.
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Since the start of the crisis Hong Kong's chief executive, Carrie Lam, has not met any democracy activists, but she has consulted with several plutocrats.
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I suspect this is the mechanism underlying the use of "small business" (as opposed to, say, "international corporations") by capitalists and plutocrats in both parties.
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He argued that the Republican's populist campaign pitch was a deception, a Trojan horse that opened the White House doors to a parade of plutocrats.
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Warren couldn't have scripted the criticism any better: Cooperman is emerging as her most useful foil as she paints billionaires as out-of-touch plutocrats.
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His opposition to taxing the wealth, support for cutting entitlements, and belief that plutocrats can solve the country's pressing problems make him the perfect villain.
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Unsurprisingly, this crusade has failed to catch fire in Congress, where even anti-tax lawmakers can be skittish about so blatantly playing to the plutocrats.
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Wallace shows how plutocrats like J.P. Morgan and Cornelius Vanderbilt joined political leaders in pressing for the merger of Manhattan with the four other boroughs.
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Some Chilean plutocrats appear to be awakening to the reality that Chile cannot sustain broad support for its economic system without a stronger safety net.
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" That year, the entrepreneur Nick Hanauer, one of the first investors in Amazon, gave a TED talk called "Beware, Fellow Plutocrats, the Pitchforks Are Coming.
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A jar of plastic cockroaches, and the steady march of plutocrats, suggested that something unusual was happening at the Park Avenue Armory on Monday night.
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Many of our cherished arts organizations were created by Gilded Age plutocrats, yet are no longer tethered to the Darwinian social views of their originators.
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He was a Republican who was going to protect Social Security and Medicaid, cover everyone with better health insurance, and raise taxes on plutocrats like himself.
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After all, if the truly powerful villains in American society are its technocrats and overachievers, then it would seem the plutocrats and nepotists have been dethroned.
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The capital is an increasingly forbidding place for non-plutocrats: between 2001 and 2011 the disposable income of those renting private housing fell by nearly 30%.
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Berlin features a large and diverse cast: workers and plutocrats, communists and fascists, bewildered liberals and political activists, Jews and anti-Semites, pacifists and street fighters.
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Scene City 13 Photos View Slide Show ' Nothing says spring quite like a garden party with a dozen plutocrats, along with a handful of big stars.
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I think it's very important to remember that the plutocrats would not be able to pull this off alone — they need us to cooperate with them.
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If the plutocrats are looking to thank someone for this new wave of taxpayer-funded largesse, they should start with the celebrated liberal economist Paul Krugman.
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The revolutionary message was hopeful and seductive: peace, bread, power to the masses and not to the plutocrats, radical redistribution of wealth, the transformation of social relations.
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"There are those Manhattan finance plutocrats who come out in the summer and then there's those struggling to get by," the East Hampton Republican Committee's Goodman said.
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There have been ex-presidents who have enriched themselves by dubious means, as the George Bushes and Bill Clinton have by giving high-dollar speeches to plutocrats.
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During commutes, it's been a distraction from the unfixed, century-old infrastructure around my subway car, as well as the plutocrats who sucked the public coffers dry.
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Last night at a rally in Des Moines, Iowa, the president-elect addressed criticism of his cabinet appointments, a motley group of plutocrats, hacks, and hangers-on.
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In the past decade the wealth of the world's 2,200-odd plutocrats (which puts them inside the world's top 0.0001%) has risen much faster than global GDP.
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What is one supposed to think when a candidate spends their time raising money from plutocrats who siphon their profits straight from the pump of oppressive inequality?
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Scene City 19 Photos View Slide Show ' On Saturday celebrities and plutocrats arrived at Ronald Perelman's East Hampton estate for an annual benefit for the Apollo Theater.
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"The plutocrats continue brazenly flaunting the excesses that have enraged much of humanity," said Anand Giridharadas, author of "Winners Take All," and a critic of wealthy philanthropists.
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For their part, the plutocrats may have regarded the New Right as uncouth and their social agenda divisive, but they, too, preferred it to any available alternative.
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For the plutocrats who have made money by boiling the biosphere, the question is: Is it in anyone's real "interest" to wreck the future of your descendants?
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The Mercers defended Bannon in 2016, but once Trump turned on him, they sided with the man who handed them and their fellow plutocrats a massive tax cut.
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Listen to the podcast:In 2014, venture capitalist Nick Hanauer warned his fellow plutocrats that our growing crisis of economic inequality would lead to an uprising or a dictatorship.
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Fellow plutocrats have been enlisted into the fund: Mr Bloomberg, Amazon's Jeff Bezos, Alibaba's Jack Ma, Masayoshi Son of SoftBank and Mukesh Ambani of Reliance, an Indian conglomerate.
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We saw a clique of unabashed plutocrats, Trump foremost among them, brazenly treating the federal government as a branding opportunity or a trough at which they could gorge.
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The fact that many of Mr Trump's picks are plutocrats reflects his preference for pragmatists over pointy-heads, as well as his belief that moneymaking is a transferable skill.
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Davos was made to be a platform for plutocrats to confer and make plans — and yes, to talk about bigger issues — but power and who is centered really matters.
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Indeed, as numerous academic studies show, the preferences of regular citizens have virtually no impact on public policy, while the agenda set by special interests and plutocrats routinely prevails.
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During the primaries, Bernie Sanders not only excited this base but also expanded its numbers, all without playing into the hands of the plutocrats whose money Clinton eagerly accepted.
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Listen to the Podcast: In 2014, venture capitalist Nick Hanauer warned his fellow plutocrats that our growing crisis of economic inequality would lead to an uprising or a dictatorship.
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Listen to the podcast: In 2014, venture capitalist Nick Hanauer warned his fellow plutocrats that our growing crisis of economic inequality would lead to an uprising or a dictatorship.
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Flag-waving claims of patriotism, pious invocations of morality, stern warnings about fiscal probity are all cover stories for an underlying agenda mainly concerned with making plutocrats even richer.
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President Trump reportedly sought advice on gun control from members of Mar-a-Lago, the private club where a $200,000 initiation fee buys plutocrats privileged access to the president.
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The thought that plutocrats and oligarchs can fix what needs mending, or do anything much about the economic inequalities that have always threatened political stability, is difficult to countenance.
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Sure, the plutocrats rigged the system, took all the gains and then, when they were about to lose because of fraud and hubris, they were bailed out by the taxpayers.
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But Sanders and down-ballot progressives like Tim Canova proved you can compete by funneling in hope and grassroots energy rather than endless fundraising and kissing the rings of plutocrats.
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In 2012, we called out institutions for having unpaid internships and have since covered the first of many protests against major museums and their questionable relationships with plutocrats and autocrats.
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It was 2018 and even with his newly enacted tax cuts, his populist, antiglobalist rhetoric and Twitter outbursts were more than enough to make the event's collection of plutocrats uneasy.
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Sadly, this exalted, transformative version of solidarity has only fitfully manifested and proved difficult to maintain, in large part because plutocrats and politicians have mastered a strategy of divide and conquer.
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By and large, Trump has not made much progress on that front — consider, for instance, his Cabinet of plutocrats or his eagerness to exempt his own people from federal ethics rules.
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Plutocrats tend not to be too friendly to democracies that might rein them in, flaunting their wealth as testament to how much smarter they are than any pencil-pushing Washington bureaucrat.
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Russian plutocrats buy plenty of pricey Western art, too, but like a dowager who wears only her paste jewels in public, they tend to stash their Picassos, Bacons and Richters abroad.
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The notion of plutocrats traveling at supersonic speeds overhead while the 99% travel slower might chafe, but from an environmental standpoint, that might be better, Suisman, of the University of Delaware, said.
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Princeton University is the best at producing plutocrats—220% of its graduates end up as one-percenters, about the same as the share of its students who hail from equally wealthy households.
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It keeps them from having to ask hard questions about why the white working class would throw in with the historic party of the plutocrats and a reality show billionaire like Trump.
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But although the donors of the Great Slate may belong to income brackets several steps above their constituents, they're "thousandaires," not plutocrats, and the money they're sending comes with no strings attached.
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His campaign supremo, Paul Manafort, is under fire for what the Democrats call "troubling connections" with Russia after a New York Times report suggests money was earmarked for him by Ukrainian plutocrats.
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" In an editorial published late Wednesday, the publication's editorial board called Trump's proposal a "laughable stunt by a gang of plutocrats looking to enrich themselves at the expense of the country's future.
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On the other hand, Trump has proposed a cabinet made up of conservative plutocrats, many of them multimillionaires or billionaires, who are committed to the very policies that Trump is railing against.
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As confusing as it is to figure out the many losers from this proposed law, it is abundantly clear who the winners are: America's plutocrats, including the man in the White House.
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In reality, however, our core social problems stem not from a misguided people but from unaccountable plutocrats who have rigged the rules of the game in order to veto substantive popular reform.
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To see them here in Beacon, in the postindustrial minimal architecture beloved by cultural mandarins and plutocrats worldwide, also highlights certain economic tensions that eventually led Posenenske to abandon art for sociology.
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By contrast, a serious pursuit of reforms that could advantage "populists" might include changes to the campaign finance system, which currently facilitates the very party dominance by plutocrats that Mr. Bannon denounces.
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Conservatism – the actually existing conservative movement, as opposed to the philosophical stance whose constituency is maybe five pundits on major op-ed pages — is all about a coalition between racists and plutocrats.
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Whatever the outcome of the NRA investigation, it seems plausible that if Russian plutocrats were seeking to influence one US interest group, they may have approached other groups and individuals as well.
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Grosz used his drawings and prints as a weapon, skewering everyone and everything around him, from the plutocrats driving the country to ruin to the crippled veterans scraping by on the streets.
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So when the former Democrat-turned-Republican-turned-independent was toying with a run as a third-party candidate for the U.S. presidency earlier this year, Bloomberg fast became the pick of plutocrats.
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Sinclair's growing reach is part of an ongoing crisis, the latest evidence that conservative plutocrats are remaking the media landscape—from alt-weeklies to mainstream magazines to the broadcast networks—in their image.
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From banking deregulation to undermining union rights to dismantling the social safety net, Republicans relied on Democratic votes — even Democratic leadership — to fully realize the "Disneyland for Plutocrats" in which we currently reside.
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After all, with all this talk of trade wars and democrats making common cause more and more often with a virtue signaling corporate America, America's plutocrats could be forgiven for weighing their options.
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Opinion SAN FRANCISCO — At a fancy Silicon Valley restaurant where the micro-greens came from a farm called Love Apple, I got a definitive taste of California in the age of the plutocrats.
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"Fuck you," I mumbled, as my version of Kat turned her gaze to the skies and plummeted away from a world of thoughtless plutocrats, a canister of gas slowly twisting in the wind.
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This is a classic zombie idea, one that has been repeatedly killed by evidence, but keeps shambling along, eating our brains, basically because it's in plutocrats' interest to keep the idea in circulation.
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In "The Politicians Who Killed Mollie Tibbetts," the site's editor, George Rasley, lays the blame not on the man in police custody but on a cabal of elected officials and profit-hungry plutocrats.
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Protesters seem to be more concerned with the actions of Mr. Trump (who is likely a billionaire, although he has provided little proof of his real wealth) than with his cabinet of plutocrats.
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And I remain fairly bullish on Mike's chances if he gets the nomination — assuming (a very big if) that Sanders supporters wouldn't sit out the election in protest over a contest of plutocrats.
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Finally, there are a few public intellectuals — less important than the plutocrats and ideologues, but if you ask me even more shameful — who adopt a pose of climate skepticism out of sheer ego.
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Economic justice is a unifying theme for the long haul, pulling together the majoritarian power of numbers against plutocrats, even though for "pragmatic" reasons some legitimately aggrieved minority interests may be obscenely sacrificed.
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Mayer believes that the Koch brothers and a small number of allied plutocrats have essentially hijacked American democracy, using their money not just to compete with their political adversaries, but to drown them out.
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If Davos began as a meeting of activists that happened to invite a lot of plutocrats to join them, this would be a completely different event with a different history and a different orientation.
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What happened: Axios' Steve LeVine reports the plutocrats were told by their host, World Economic Forum chief Klaus Schwab, that they must make dramatic changes to the very system that made them dynastically wealthy.
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One is tempted to say that since plutocrats have been pulling political levers since the start of the American Republic, the current concentration of ideology, money and power is not a uniquely dangerous development.
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SINCE DONALD TRUMP was elected president, received wisdom has it, big business has run rampant in Washington, DC. The chief-executive-in-chief has filled his cabinet with fellow plutocrats, executives and, horrors, lobbyists.
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And their message to North Carolina's politicians should be this: The real problem with HB2 was not that it offended moneyed plutocrats, but that it materially harmed trans people, gays and lesbians, and workers.
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Nevertheless, developers rushed to build roughly three dozen towers aimed at the Arab princes, Russian plutocrats and other wealthy foreign clients who, brokers say, account for about three-quarters of the highest-end sales.
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The US has seen the rise of the most corrupt administration in its history under Trump -- and a Republican Party ruled by self-dealers, plutocrats and grifters who do not reflect the popular will.
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By the end of "Hustlers," last year's class-war crime thriller about strippers ripping off plutocrats, the central character played by Constance Wu has hustled her way into what looks like the middle class.
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In a sense, getting into a relationship like this is the essence of why so many plutocrats give money to politicians — a chance to be a player, to joke around at the highest levels.
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Over the past 20 years, CNP plutocrats have allied with the Koch brothers to found faux-grassroots organizations, to fund Republican data firms, and to steer hundreds of millions of dollars to the GOP.
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John D. Rockefeller and Andrew Carnegie, plutocrats of the Gilded Age, used their money against their enemies, to be sure, enemies that included newspapers and magazines that disagreed with them for all sorts of reasons.
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For firms that are at the centre of public-policy debates, a broad base of shareholders, able both to benefit from firms' success and to question their activities, looks better than one dominated by plutocrats.
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The world tech elites seek doesn't adapt to the rank-and-file; the rank-and-file adapts to it, navigating the tottering jobs and cramped quarters that ever-wealthier plutocrats insist are hallmarks of innovation.
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For those at the helm, the philanthropic plutocrats and aspiring "change agents" who believe they are helping but are actually making things worse, it's time for a reckoning with their role in this spiraling dilemma.
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Kamarck says that in the post-Citizens United world, Democrats "can't unilaterally disarm" and spurn donations from plutocrats like Soros, but they are conflicted about billionaire donors in a way that the Republicans are not.
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The main reason is that only individuals lacking a moral compass will carry out the whims and anti-social policies of the plutocrats who seek to manipulate the political and regulatory systems to their will.
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While they're certainly not above messing around in the politics and day-to-day scuffling of the rest of us down here, our plutocrats spend their days in a sort of VIP room of the mind.
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So the euro and the dollar were fighting in a pool of caviar, which was the exact size of a barrel of oil and this all took place in front of a group of Russia's plutocrats.
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Flat wages have been set against the meteoric rise of a new class of billionaire plutocrats to create a picture of massive and chronic income inequality and unfairness, and that impression appeared to help elect Trump.
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Far from checking the corrupt president-elect, the Republican Congress has signaled that it will be happy to let Trump and his family loot the Treasury and staff the executive branch with almost comically unqualified plutocrats.
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With his 20-minute music video, the centerpiece of his exhibition Blessed Avenue, South Carolina-born artist Jacolby Satterwhite has created a simulated battlefield for training cyborgs to fight authoritarian plutocrats in our present digital wasteland.
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The United States could have built a lot more libraries by taxing the incomes of Carnegie and his fellow Gilded Age plutocrats, but, at the turn of the last century, there was no federal income tax.
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Contributing Opinion Writer Watching "Succession," the HBO show about the most despicable plutocrats to seize the public imagination since the Trumps were forced on us, made me want to tax the ultrarich into a homeless shelter.
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The new "tax reform" law championed by the president and his party will cut taxes for bankers and billionaires and fat cats and plutocrats but leave the middle-class voters who supported Trump high and dry.
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But the skimpy one-page tax proposal his administration released on Wednesday is, by any historical standard, a laughable stunt by a gang of plutocrats looking to enrich themselves at the expense of the country's future.
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The causes included the talk of Russian hacking and the antic appointment to many of the most important Cabinet posts of dubious executives, men and women who are tragically unfit, from ideological extremists to unschooled plutocrats.
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Yes, ordinary people have participated in the bonanza by buying shares in public companies, but management remains in the hands of a small tribe of tech plutocrats, who view the world in much the same way.
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What the public is seeing is the disruption of the belief in Silicon Valley exceptionalism - that, unlike Gilded Age robber barons, 21st-century digital plutocrats are transparent in their dealings while building and using their great wealth.
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Rick Hasen gets at the idea on his Election Law Blog: "I have suggested (in the last chapter of Plutocrats United) that one way to compromise on SCOTUS nominees is an 18-year term limit," he writes.
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But by backing one of the wealthiest candidates ever to run for governor, the Democratic establishment is ignoring the rising tide of populism that has upended American politics, setting up a battle between two private-equity plutocrats.
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PARIS — It's been a strange, discombobulating dance at the couture, sneaking glances between shows at the impeachment proceedings going on in the United States, the spread of coronavirus in China, and the plutocrats talking sustainability at Davos.
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What the public is seeing is the disruption of the belief in Silicon Valley exceptionalism — that, unlike Gilded Age robber barons, 21st-century digital plutocrats are transparent in their dealings while building and using their great wealth.
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The plutocrats assembled in Davos at the World Economic Forum, which concluded on Saturday, spent most of their time reassuring each other that sliding stock markets represent no threat to their prosperity similar to the 2008 financial crisis.
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The big winners were the "global plutocrats," whose returns on capital shot up, and the new mass middle class of the emerging world, mainly in East Asia and India, who benefitted from the spectacular growth of their regions.
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Do you think Thiel's strategy of using his billions to back a potentially endless number of lawsuits that will crush Gawker beneath legal fees and judgments will go unnoticed by other plutocrats with less defensible vendettas and targets?
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Now, thanks to the woman who wishes to be the most powerful politician in the world, consideration for the poor and unfortunate has been commoditized for the benefit of self-indulgent plutocrats who want a tax write-off.
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It is possible that a committee of telecom industry plutocrats who have from the outset made it their mission to rollback regulations on the industry will bow to public pressure before Wednesday, but let's not count on it.
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He was finishing his first season as a Lindblad expedition leader, was clearly exhausted, and was under intense pressure to deliver the trip of a lifetime to customers who, not being plutocrats after all, expected value for their money.
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If the plutocrats who dominate the market demand ideas that are already congenial to them, then they aren't evaluating ideas based on their efficacy — as, indeed, they have little incentive to do if they are insulated from their consequences.
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Sources told Axios last week that the size of the delegation was likely to shrink if the shutdown continued, as administration officials were aware of the bad optics of socializing with plutocrats and global elites while federal workers remained furloughed.
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The book then turns to people, focusing just as much on the indefatigable men and women—and there were many women—who fought for the rights of New York's poorest citizens as it does on the plutocrats who oversaw Gotham's growth.
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Because their wealth comes largely from finance and is no longer attached to the country's material infrastructure—they are not steel magnates or railroad barons—modern plutocrats no longer use their fortunes to secure a legacy of contributing to public needs.
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He has benefited tremendously from a bipartisan embrace of big business with tax breaks, absolute political access for plutocrats, and the kind of timid policy proposals that are enough to assuage your guilt but not enough to require actual sacrifices.
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It's also that the political system is in the grip of plutocrats who limit reform, the archaic electoral and representative system effectively allows for minority rule, and the Republican Party's embrace of white nationalism and voter suppression threaten to erode democracy.
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Titled "The Royal Feast of Belshazzar Blaine and the Money Kings," it depicted a gaggle of portly plutocrats dining on "lobby pudding" and "patronage cake," while a working family, at the foot of the table, held out a hand for scraps.
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Hasen is a law professor who's written an excellent new book, Plutocrats United: Campaign Money, the Supreme Court, and the Distortion of American Elections, making the case that equality, not corruption, ought to be the justification for regulating campaign finance.
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Plutocrats who have been reported as possible senior appointments in a Biden administration like JPMorgan CEO Jamie Dimon, billionaire former mayor Michael Bloomberg, Morgan Stanley executive Tom Nides, and Bank of America executive Anne Finucane should be established as no-goes.
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"For most people, enough is enough," said Robert Frank, the wealth editor for CNBC and the author of the 2007 book "Richistan: A Journey Through the American Wealth Boom and the Lives of the New Rich," who has interviewed many plutocrats.
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Clinton's two biggest weaknesses, in the eyes of the Sanders camp are her connections to Wall Street and the fact that she has personally profited from the financial industry plutocrats who she claims would be in her cross hairs as president.
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If Kanders, Koch, and their fellow plutocrats seek to become the Andrew Carnegies, Henry Clay Fricks, and J.P. Morgans of the New Gilded Age, whitening their stains with the bleach of philanthropy, it is our job not to allow that to happen.
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In Nobody Speak, which premieres today on Netflix, Knappenberger draws parallels between Silicon Valley mogul Peter Thiel's financing of Hogan's lawsuit (which drove Gawker to bankruptcy) and ongoing efforts by plutocrats from Trump to casino mogul Sheldon Adelson to silence the free press.
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A promising avenue for a deal would be to explore giving the GOP the 20 percent rate that plutocrats crave — along with, perhaps, making the full expensing provision permanent — in exchange for creating a path to citizenship for the 1.5 million DREAMers.
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But if you must keep at it with plutocrats in orbit (and robotic cars, which won't make a material dent on the highways until the 2030s, if ever), may I suggest that for convenience you centralise the articles in a new section.
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Other new firms run by plutocrats are building hardware ranging from inflatable space habitats made by Bigelow Aerospace (owned by a hotel magnate) to a rocket plane for space tourists developed by Virgin Galactic (owned by celebrity rich guy Sir Richard Branson).
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So Democrats have a perfect opportunity to portray themselves, truthfully, as the defenders of Social Security, Medicare, Medicaid and the now-popular Affordable Care Act against Republicans who are more or less nakedly favoring the interests of plutocrats over those of working families.
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But in political terms, most Americans are white but few Americans are very rich, so a focus on the idea that Trump is excessively cruel to nonwhites moves fewer votes than the idea that Trump is excessively focused on the whims of plutocrats.
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Some of their subplots went nowhere, many of their comic interludes were clumsy, and even with 22017 hours to play with, the series shortchanged some of the original series' cast of ancient evil spirits, corrupt plutocrats, and mystically attuned champions of justice.
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Under Donald Trump, the GOP will be led by the most anti-democratic presidential candidate in contemporary American history, whose cabinet is staffed by a frightening number of plutocrats and generals and whose chief strategist's political philosophy is frighteningly similar to national socialism.
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Over the centuries, the distinctive feature of Jew-hatred has been its flexibility in changing its shape and mounting varied, mutually contradictory attacks: Anti-Semites can accuse Jews of being simultaneously capitalists and communists, plutocrats and beggars, or disloyally internationalist while narrowly clannish.
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But even that scandal — centering around loyalty pledges to a legally troubled donor — seems completely old-fashioned by today's standards, in which donor influence is unfettered and lobbyists write bills themselves as President Trump stuffs his cabinet with plutocrats overseeing their own industries.
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Are we cool with plutocrats taking advantage of a cash-starved state to run their own private policy machinery, thus cultivating the networks required to take over the state from time to time, and run it in ways that further entrench wealth?
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The plutocrats were joined by Joe Biden, whose spokesperson said that Warren's plan to pay for universal health care would raise taxes on the middle class, since the middle class owns stocks and the plan includes a 0.1% tax on financial transactions.
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Rising inequality resembles the sort described by Thomas Piketty rather than Mr Reeves, in which the concentration of wealth among a small group of plutocrats squeezes the upper middle class: the patrimonial middle class whose prosperity gives them a crucial stake in political stability.
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When Volcker looks around now, he sees "a hell of a mess in every direction," including a lack of basic respect for government institutions, a current Fed that seems to be following a completely arbitrary benchmark and a "swamp" in Washington run by plutocrats.
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Yet what is familiar serves only to make what is strange all the more disconcerting — and to give to the gathering implosion of the Roman Republic, that military and financial superpower dominated by dynasts, bumptious populists and ambitious plutocrats, the character almost of science fiction.
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This has meant that his ultimate goal—his name on an ugly marble Senate office building or something—has required that he, at every step on his ascent to power, enable the worst excesses of an increasingly deranged movement of cranks, bigots, grifters, and plutocrats.
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Mr. Chavez, who is 20133 and has a thick beard, represents a departure from the button-down partners of Goldman lore — plutocrats who wore their power on their sleeves and turned the bank into the most vaunted, feared and secretive company on Wall Street.
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So that's the context here: a world tipping over into catastrophe, a political system under siege by reactionary plutocrats, a rare wave of well-organized grassroots enthusiasm, and a guiding document that does nothing but articulate goals that any climate-informed progressive ought to share.
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And in case libertarian doctrine might actually damage the prospect of fellow plutocrats, Trump's own dependence on the cronyist rent seeking of the commercial real estate industry is a reminder that "freedom" for the wealthy includes the right to receive subsidies from the state, too.
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One category of enabler he describes is the cringeworthy "thought-leader," who nudges plutocrats to think more about the poor but never actually challenges them, thus stroking them and allowing them to feel their MarketWorld approaches are acceptable rather than the cop-outs they are.
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The piece was titled "The Pitchforks Are Coming ... for Us Plutocrats," and in it Hanauer predicted that after four decades of the poor getting poorer and the rich getting richer, it was only a matter of time before the people rose up in anger.
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The answers are as simple as they are hard to carry out: Institute tax reform to undo the current feudal model, redistribute the wealth the one percent has filched from the people, provide direct public funding for the arts (not funneled first through greedy plutocrats).
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Senator Bernie Sanders, the Vermont socialist who has mounted a populist challenge to former Secretary of State Hillary Clinton for the Democratic presidential nomination, has drawn huge crowds describing a country dominated by well-heeled Wall Street plutocrats profiting off workers who have increasingly lost ground.
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The plutocrats who wear Hermès probably own some version of her bomber jackets, narrow trousers, goatskin T-shirts, coveralls, sweaters with abstracted argyle patterns, or the drifty overcoats to guard against drafts on one's Gulfstream V. But do they have them in citrus yellow, chartreuse or cacao?
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I hear the loudest voice at the country club: at Mar-a-Lago, or in Bedminster, N.J., or any other club where the nouveau riche gather, many of whom — thanks to the uninterrupted bounty of economic policies in America going back to Ronald Reagan — are now plutocrats.
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First, they enacted a springtime-for-plutocrats tax cut that will shower huge benefits on the wealthy while offering a few crumbs for ordinary families — crumbs that will be snatched away after a few years, so that it ends up becoming a middle-class tax hike.
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Things have gotten so perilous for plutocrats that Joaquin Castro, a congressman whose brother, Julián, is one of those Democratic candidates for president, was accused of harassment when he publicly named a few of Trump's campaign contributors—which of course was already a matter of public record.
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When applied to images of Trump and Clinton on the campaign trail, the Republican and Democrat contenders look a lot like the pot-growing cannibal hillbillies from American Horror Story: Roanoke, instead of the pot-hating cannibal plutocrats we've come to know and love them as.
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In both cases — and a dozen more examples could be drawn from various parts of the GOP agenda — the fervid passions and resentments of the GOP base have pushed the party's policy agenda beyond even what the party hacks and plutocrats want, to the party's political detriment.
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A gang of plutocrats, fronted by a master of disguise and suave thuggery named Turner (played by German cinema's favorite villain, Fritz Rasp), plot to steal a rocket designed by an aging mad scientist from his earnest young protégé, the entrepreneurial astrophysicist Helius (the popular leading man Willy Fritsch).
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Meanwhile, everything this president and this Congress are doing on economic policy seems designed, not just to widen the gap between the wealthy and everyone else, but to lock in plutocrats' advantages, making it easier to ensure that their heirs remain on top and the rest stay down.
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Like the old New Yorker cartoons of plutocrats listening in silent rage to F.D.R. on the radio, or inviting their friends to join them at "the Trans-Lux to hiss Roosevelt," Mr. Trump seems to have the chattering — or in this case, sputtering — classes where he wants them.
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While casting billionaires like Mr. Bloomberg as plutocrats may resonate among some Democrats, longtime party advisers point out that the strategy is tricky and that, by embracing it, Ms. Warren and Mr. Sanders are ignoring historical reality: Several of the party's wealthiest leaders have been among its most progressive.
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Between the lines: The number may shrink if the government shutdown continues, as some officials seem to be aware it won't be a great look for the Trump Cabinet to be seen socializing with plutocrats and global elites while federal workers are furloughed and programs for vulnerable Americans are threatened.
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These plutocrats have so much to lose from various public policies under discussion around the world, — whether it's a 70% marginal tax, or a global capital tax, or Brexit and the choices around that — they have a tremendous amount of money on the line, and naked self-interest at play.
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TRANSLATED: if Bernie hoarded boat loads of cash from Wall Street, big pharma, big oil, Silicon Valley, and plutocrats across America, the DNC would give him a say on some things for the general election—but NOT staffing, messaging, or strategy—like it gave to their preferred candidate Hillary Clinton.
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Others are deliberately misreading or misunderstanding the parameters of the action, which promises to be only one of many; the art strike is not an end in itself, but an opportunity to begin to reimagine a community that has slowly turned into the lapdog of neoliberalism through its subservience to plutocrats and power.
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While Trump is suspicious of experts in fields like science and national-security intelligence, there are two types of specialists he trusts: the very rich (hence all the plutocrats on his cabinet) and men in uniforms (hence surrounding himself with soldiers like Mattis and McMaster, as well as Homeland Security Secretary John Kelly).
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The husband and wife established themselves in the '90s as the go-to landscape designers for aristocrats, plutocrats and royalty — their client list has included the Prince of Wales (at Highgrove), Lord Rothschild (Waddesdon Manor), John Paul Getty Jr. (Wormsley) and the Marquess of Cholmondeley (the great walled garden at Houghton Hall).
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Among them were the country's leading plutocrats, including a dozen senior princes, the owner of one of the country's major television networks, the head of the national guard, and Al-Waleed bin Talal, a major shareholder in Citibank, 21st Century Fox, Apple, and Twitter, who has a net worth of seventeen billion dollars.
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To avoid taxes, according to the indictment, he set up offshore bank accounts and laundered money through real estate and luxury goods — a common practice that enriches plutocrats while exacerbating housing crises in cities like New York and London by pumping billions of dollars of looted wealth into a tight real estate market.
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But the key is to put ideas on the table that would genuinely alarm the conservative movement — and, more important, the corporate interests who stand behind it — and force Trump to make a serious choice about breaking with the plutocrats who prop up his regime or clearly standing in the way of an infrastructure transformation.
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Most everyone agrees that a highly simplified two-factor model of how the economy works is not accurate, but the extent to which a wealth tax appears even remotely attractive will hinge on whether you think it's a decent approximation of the real world or a wild fantasy cooked-up to serve the self-interest of plutocrats.
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Every year, to mark the World Economic Forum in Davos, Switzerland — that yearly convocation of the world's richest and most self-important plutocrats — Oxfam puts out a statement that "the top [X] people have the same amount of wealth as the bottom" half, as the Center for Global Development's Maya Forstater and Vijaya Ramachandran once generalized it.
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Trump's choice of Pence, a Swiss-cheese Republican who evokes little emotion — positive or negative — as his running mate was clearly a play to appease an establishment base still in denial that a brash, anti-trade, anti-neocon, anti-kiss-the-Koch-Brothers'-ring reality star has taken over their regular order of pushing money around for the plutocrats.
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Weird tech magnates crafting strange new devices in isolation, while ignoring plutocrats stomping all over the poor, racist gangs gathering together to assuage their insecurities with violence and hatred, surveillance capitalism, and increasingly unchecked authoritarian power … I mean, there might be a certain steampunk narrative appeal to that if it were a novel, but, alas, this is real life.
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These are old-line, rock-ribbed American plutocrats—plummy real-estate lords and more than one actual felon, wizened petro-creeps and dynasty inheritors so grandiose and so thunderously dumb that they can turn the free agent signing of a serial domestic abuser into an occasion to weigh in on the moral failings of the urban poor.
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In a world where the bombproof bunker has replaced the Tesla as the hot status symbol for young Silicon Valley plutocrats, everyone, it seems, is a "prepper," even if the "prep" in question just means he is stashing a well-stocked "bug-out bag" alongside his Louis Vuitton luggage in a Range Rover pointed toward Litchfield County, Conn.
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Consider what we've learned about the inner workings of the Democratic National Committee; about the ability of plutocrats like Trump to cheat the I.R.S.; about the fraudulence of his supposed philanthropy; about the disparity between Clinton's private and public words; about the unprincipled avarice of her husband's post-presidential days; about the shady interactions between newsrooms and campaign offices?
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You can't chalk this up to her newly revealed Game of Thrones fandom, nor to the more pertinent fact that she has so much antic energy that you could easily imagine this woman crossing the finish line at the Boston Marathon and then, without being winded in the least, rolling out a brilliantly devious new plan for defanging the plutocrats of Silicon Valley.
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" As Giridharadas describes the ethos of MarketWorld, it's made up of people like former President Bill Clinton who saw the anger bubbling up but proved unable to "call out elites for their sins: or call for power's redistribution and fundamental systemic change; or suggest that plutocrats might have to surrender precious things for others to have a mere shot of transcending indecency.
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It has been a decade in which soccer teams, and soccer tournaments, were squabbled over and bought up not only by plutocrats and tycoons and magnates but also by nation states, when Manchester City and Paris St.-Germain became an arm of foreign policy, when clubs and players suddenly had to worry that they might incur the wrath of the Chinese government.
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The Leave camp, by contrast, focused on stoking racist fantasies about murderous immigrants, completely disingenuous claims about how much money they would could funnel into the NHS if they weren't paying Brussels, and the fabulous lie that moving political power from the technocracy in Brussels to the plutocrats in London would make life better for the average (white, aging, anxious working-class) Briton.
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The American people were not crying out for the Trump administration to legalize a pesticide that damages children's brains and then follow it up with a ruling to let power plants poison children's brains, but the people who own the pesticide factories and power plants are sure glad that we're screaming about a caravan of migrants hundreds of miles away rather than the plutocrats next door.
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Plutocrats to the left of him, scammers to the right: He kept company with a health and human services secretary (Tom Price) who racked up steep bills for unnecessary private planes; a commerce secretary (Wilbur Ross) accused of insider trading; a treasury secretary (Mnuchin) who went eclipse-viewing on the government's time and dime; and a housing secretary (Ben Carson) with a taste for expensive office furniture.
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Liberal House Democrats are trashing Donald TrumpDonald John TrumpTrump pushes back on recent polling data, says internal numbers are 'strongest we've had so far' Illinois state lawmaker apologizes for photos depicting mock assassination of Trump Scaramucci assembling team of former Cabinet members to speak out against Trump MORE's Cabinet picks as an unqualified group of "misfit" plutocrats hell-bent on tearing down the agencies they've been tapped to lead.
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Such is the unsubtlety of the nation's present debate: a real-time collision of topple-the-plutocracy candidates and actual plutocrats in the same presidential field, injecting the race with a raft of questions that suddenly seem less academic: In a primary consumed by talk of corporate excesses, with top candidates mostly in their 70s, can Mr. Bloomberg, a 77-year-old titan of high finance, really find a major audience?
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What really scares the pro-plutocrats on both sides of the political aisle about her, Sanders and other democratic socialists is that they have become messengers for a compelling message with an actual vision — the simple idea that it's up to government to intervene and equalize the playing field between the capital that owns the politicians, the system and the rewards, and the general public toiling to provide those rewards.
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Many things, but right now above all this: Far too many Trump supporters, far too many conservatives, have seen the then-inaccurate caricature that Frank painted 13 years ago brought to blaring, Technicolor life by Trump — and they've decided to become part of the caricature themselves, become exactly what their enemies and critics said they were, become a movement of plutocrats and grievance-mongers with an ever-weaker understanding of the common good.
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Knowing this, Miuccia Prada and her husband, Patrizio Bertelli, Prada's chief executive, sent invitations weeks ago to what was characterized as a small private dinner, to be held at the couple's foundation on Milan's perimeter, and then mobilized the forces of their multibillion-dollar fashion empire to populate that dinner with the most prominent citizens of town: fat cats, plutocrats, high-level bureaucrats and, of course, the aristocrats whose family names grace streets and buildings throughout this ancient capital of the north.
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Conason might have written a fascinating book that focused on the conflict between the great works done — an estimated seven million Africans treated for AIDS by an arm of the Clinton Foundation, for instance — and the appearance of impropriety, the cozying up to sketchy plutocrats looking to improve their public images through charitable giving and the shadow such transactions would cast on Hillary Clinton, first as secretary of state and then as the Democratic nominee for president of the United States.
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And they should be aware, finally, that in this period that has been labeled, for lack of a better word, populist, and of which the American election is but an outsize symptom; in a time when thought is attacked from all sides and when lies are flourished with unparalleled arrogance and aplomb; in this new political culture that has now encircled the earth, one in which, from the American plutocrats to their Russian oligarch cousins, the swineherds slap their pedigree shamelessly on imperial palaces, the little Jewish nation has no part to play.
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