The White House hopefuls savaged the plutocrat, but is any of them a winner?
The monstering of Michael Bloomberg brings a false comfort to all who hope that plutocracy is not supplanting democracy. On stage, at the Democratic debate in Nevada, his net worth of $53.4bn and his success in building up Bloomberg LP from nothing to financial capitalism’s essential information service weren’t worth a cent. His failure took us back to a world where billionaires could not command nations and would be made to look like fools if they tried.
“A billionaire who calls women ‘fat broads’ and ‘horse-faced lesbians’,” said Elizabeth Warren as she began her pummelling. “And no, I’m not talking about Donald Trump. I’m talking about Mayor Bloomberg.”
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Source: US Politics - theguardian.com
