Friday, January 19, 2018

Money man: U.S. billionaire Robert Mercer helped Trump win the presidency — but what does he really want?

Money man: U.S. billionaire Robert Mercer helped Trump win the presidency — but what does he really want?: "“The ultra-wealthy of today differ from the ultra-wealthy in past eras in that they have, a lot of them, no stake in the infrastructure of society,” Magerman said. He’s seen that their wealth does not depend on the health and stability of the country. In fact, they get rich on volatility and instability."

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This is one of the main arguments I made in my first book on the rise of private communities. The rich now have their own parallel state of private institutions, and that's where they live, and many of them are like Mercer--they believe that they don't need public government, and everybody who isn't rich is a parasite. They believe that government is just a way for the parasitic many to steal from the productive few. The notion that ordinary people are working their butts off to generate surplus value for the Mercers of the world is lost on them.

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