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@shanley And while I'm retweeting this, it's worth thinking through several different definitions of elites, each with their own class politics…On twitter.com
Mood +2 🙂
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@shanley On the ultrarich and strategies for tax evasion and secession of the wealthy from public responsibility: theguardian.com/business/2016/sep/21/how-to-hide-it-inside-secret-world-of-wealth-managersPermalink On twitter.com
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@shanley On the 9.9% (just below the top 0.1%), and their participation in social policies that keep the USA stratified: theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130Permalink On twitter.com
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@shanley People in this lower elite lack much of the economic power of the capitalist class, but they can (1) aggregate politically to maintain their relative privilege; (2) aggregate their money to receive the money extracted by full-time capitalists.Permalink On twitter.com
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@shanley But neither is mandatory, and capturing this outsized political and economic power, as well as the organized influence that professionals exercise in their areas of expertise, is vital for any resistance project.Permalink On twitter.com