“The annual ranking of the world’s richest produced by the business magazine Forbes is most obviously striking for the way it reveals the extraordinary scale of their wealth and the remarkable rapidity of its growth in recent years. The Forbes rankings also, however, highlight the often dramatic and rapid shifts, upwards and downwards, in the net wealth of these elites: annual rises and falls of billions of dollars are commonplace. What do these fluctuations tell us about the nature of the things – the property – these elites own, and about the nature of property in contemporary capitalism more generally? …” (more)
[Paddy Ireland, LPE Project, 7 March]
First posted 2022-03-08 09:00:34
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