https://www.commondreams.org/views/2020/11/30/inequality-gone-viral-obscene-numbers
By:
November 30, 2020
In a distressing analogy to the relentless surge of Covid-19, which has disproportionately impacted low-income communities and people of color, there has been an unstoppable transfer of wealth from desperate Americans to the people who already had most of our nation's financial assets.
While the great majority of us have been focusing on the health and well-being — and the very survival — of loved ones, the super-rich have become "pandemic profiteers," isolating themselves from Covid while riding the stock market to its highest-ever level. At the same time we are seeing a dramatic demonstration of Naomi Klein's Shock Doctrine, with the "perfect conditions for governments and the global elite to implement political agendas that would otherwise be met with great opposition if we weren’t all so disoriented."
We need to ask ourselves: In a year of disease and death and destroyed families, should a massive, inexplicable increase in new American financial wealth go to billionaires or to health care workers? Should unearned gains go to the few hundred richest Americans or to the millions of American households who have lost their means of support?