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Plutocrat Predicts: The Pitchforks Are Coming

Posted On: Sep 15, 2014

Sept. 15, 2014 | INEQUALITY | You know things have gotten bad when a self-proclaimed plutocrat sees the future and doesn’t like what he sees. Speaking to other plutocrats, Nick Hanauer tells some serious truth. Starting off by saying he’s a proud unapologetic Capitalist, he provides some history of his business acumen and wealth accumulation. He and some friends even own a bank. He’s been “rewarded obscenely for that with a life none of you can even imagine.” What he sees in the future is troubling: angry mobs with pitchforks. The problem, he says isn’t just inequality…[it is] that inequality is at record highs and is getting worse. Full story here.