‘Should you exist?’ Billionaires face rising criticism alongside rising power.

Posted on AllSides February 25th, 2020
From The Center

The United States was at the precipice of a financial crisis – and the wealthy and well-connected worked out a plan to avert disaster.

That was the narrative in 1907, as Joseph Pierpont Morgan brought fellow financiers into a room and coaxed them to prop up a tottering banking system. Their action eased a potentially devastating financial panic. But it also troubled many Americans by revealing how, even within an already mighty nation, a relative few wielded extraordinary power.

Today, those concerns still resonate. They punctuated the 2016 presidential...

Read full story
Some content from this outlet may be limited or behind a paywall.

Christian Science Monitor

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
106688/84298
See full bias rating for Christian Science Monitor
Learn about media bias
https://www.csmonitor.com/Business/2020/0225/Should-you-exist-Billionaires-face-rising-criticism-alongside-rising-power

More News about Inequality from the Left, Center and Right

From the Left

From the Center

From the Right