Private capital is forming an oligarchy, leading to exploitation due to unchecked power.
1 report, 1 independent
Updated Sep 9
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What happened
Private capital is forming an oligarchy, leading to exploitation due to unchecked power.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Wealthy groups are consolidating power by locking into monopolies.Sub-event
- Millionaires' political power is rivaling oligarchs as private businesses surpass traditional corporations in income.Sub-event
Private capital is forming an oligarchy, resulting in exploitation.1 source
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The entities involved
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Albert Einstein
german-born theoretical physicist (1879–1955)