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801 U.S. billionaires hold a combined $6.22 trillion in wealth
(inequality.org)
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this post was submitted on 18 Sep 2024
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politics
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And not a single penny of that is used to make jobs like they promised, and they still act like they’re on the brink of bankruptcy.
It is used to "create jobs" (open up new spaces to exploit labor), though. They're constantly investing the capital to make more money later, that's what capitalists do. The trick is they do that indirectly by exporting capital to the periphery, where the capital is realized into means of production and more extraction of resources.
Ironic. Once again capitalism hurts even the citizens of the imperial core, because now we’re out of jobs.
Imperial boomerang is fun :D