By Nomi Prins
Like a gilded coating
that makes the dullest things glitter, today’s thin veneer of political
populism covers a grotesque underbelly of growing inequality that’s hiding in
plain sight. And this phenomenon of ever more concentrated wealth and power has
both Newtonian and Darwinian components to it.
In terms of Newton’s first law of motion: those in power will remain in power unless
acted upon by an external force. Those who are wealthy will only gain in wealth
as long as nothing deflects them from their present course. As for Darwin, in
the world of financial evolution, those with wealth or power will do what’s in
their best interest to protect that wealth, even if it’s in no one else’s
interest at all.
