How did wealth ruin your family

Money scores goals

With some very rich people in politics, it is like this: Some strive for an office in order to get very rich, including Putin and Erdoğan, who each use their positions to enrich themselves and their clique. The others are already very rich and need the office either to get richer or to protect their wealth, because, as everyone knows, in the highest government positions one has a nice influence on tax legislation, the police, and the judiciary; this applies to Trump and Berlusconi.

What these very rich people in politics have in common: none of what they do is of any use to ordinary citizens. In decades, Putin has failed to make his country prosperous, Erdoğan is ruining Turkey in megalomania, Berlusconi has led Italy deeper and deeper into the crisis, and Trump ... Oh, whatever. If it were not forbidden by the principle of equality in democracy, it would not be a bad motto to ban very rich people from holding political office altogether, but of course that is not possible. It's funny that the rich of all people benefit from the principle of equality in this case. Sometimes I think any billionaire who wants to hold public office should donate three quarters of his fortune to the state beforehand. Then you would know if he was serious.

In the USA, the billionaire Bloomberg is now aiming for the office of president, he would like to run for the Democrats, which, if it got that far, would lead to a billionaire who has at least earned his fortune against another billionaire, who is nothing but an incompetent heir. I almost don't care who throws Donald Trump out of office, the main thing is that he disappears from the scene. But in this case I would have to say: I'm sorry, that doesn't sound like a functioning democracy.

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In football there was once a popular sentence: "Money doesn't score goals." That should mean that success cannot be bought. For a while, that was true in that investing in expensive gamers didn't guarantee wins unless it was a concept. Today it is different, for a long time only a few European clubs have decided on the championships because they are economically superior to all others.

In the United States, Berkeley economist Gabriel Zucman recently found that since the 1970s, the poorer half of Americans have had an average annual income per nose of $ 8,000, while that of the richest percent has increased by $ 800,000. The fortune of this one percent, says Zucman, tripled during this time, while the bottom half had practically no growth. At the same time, a study by the US market research company Edelman says that the population in the economically developed countries is losing faith in the fact that hard work leads to a better life. This trust still exists only in the wealthier sections of the population. The majority no longer have it.

Bernie Sanders likes to point out in debates that the three richest Americans (Jeff Bezos, Bill Gates, and Warren Buffett) combined have more than the 160 million of the less affluent half of the population. Sanders believes that billionaires shouldn't exist, but if they do, then they should be able to buy more shoes and more clothes, but no political power. It is always said of him that he is a socialist, at least by American standards. I am not a socialist, not even by European standards. But somehow I have the feeling: he is right.