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Deminpenn

(17,236 posts)
35. Just finished Sorkin's new book "1929" about the stock market crash and aftermath
Sat Nov 8, 2025, 05:46 PM
Nov 8

Today's billionaire class is strikingly similar to the weathly/influential class of the 1920s. Americans are reactiing to the income disparity, "interlocking directorates" and self-deaing that defined the 1920s then as they are to the same factors playing out today.

In the books epilog, Sorokin relates what ultimately happened to the rich bankers and company founders. To my surprise, many ended up with little of wealth they'd accumulated left. But I doubt today's billionaires are interested in learning from history. They are just as greedy as their 1920s counterparts.

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3 members have recommended this reply (displayed in chronological order):

What a biased article CanonRay Nov 8 #1
They only call it "class warfare" when the oppressed fight back...nt Wounded Bear Nov 8 #2
We're supposed to just "lie back and enjoy it" durablend Nov 8 #21
The reader comments are excellent. Nt spooky3 Nov 8 #3
Some of them are priceless vanessa_ca Nov 8 #6
This one sums up my thoughts vanessa_ca Nov 8 #9
Mayor Mandami is going to be a resounding success and become very popular. This terrifys them. Good! n/t SheilaAnn Nov 8 #4
Endless growth is for cancer cells SamuelTheThird Nov 8 #5
Mamdani doesn't divide people into two groups, oppressed and oppressors; reality does. RockRaven Nov 8 #7
Headline: Campaigning different than Governing... lame54 Nov 8 #8
says the newspaper owned by the guy lapfog_1 Nov 8 #10
Who is it that's really "seething with resentment"? Ocelot II Nov 8 #11
Bezos' op ed writers obey his will. sinkingfeeling Nov 8 #12
Bezos and co. having a hissy fit at being identified as oppressors. ananda Nov 8 #13
Rule of thumb: B.See Nov 8 #14
*Boo-hoo!* Won't someone please think of the billionaires!? -misanthroptimist Nov 8 #15
President Franklin Roosevelt: sop Nov 8 #16
FDR was elected as a reaction against Wall Street and bankers Deminpenn Nov 8 #33
Washington Post is a rag duckworth969 Nov 8 #17
LA Times - owned by right wing billionaire. Initech Nov 8 #26
The transformation of the Wa Post is complete fujiyamasan Nov 8 #18
WaPo is to a real newspaper what Bezo's wife's implants are to real breasts. SunSeeker Nov 8 #19
Good point fujiyamasan Nov 8 #20
It's now the Bezos Billionaire Bullshit rag. nt hvn_nbr_2 Nov 8 #31
Does anyone have a way for a nonsubscriber to read the article & comments? TY irisblue Nov 8 #22
You can register for free without subscribing to read them vanessa_ca Nov 8 #25
You can use this to get past paywalls Pompoy Nov 8 #30
BTW: "increasing wealth" means "making the rich richer." Iggo Nov 8 #23
Class warfare? Coming from a newspaper owned by a guy who could bankrupt entire continents? Initech Nov 8 #24
just perusing their "Opinion" page. SleeplessinSoCal Nov 8 #27
So... Move to Hungary. BurnDoubt Nov 8 #28
I read the whole thing rpannier Nov 8 #29
They should have seen this coming with all of the No Kings turnouts ChicagoTeamster Nov 8 #32
Whoa, hard to believe that is The Washington Post PatSeg Nov 8 #34
Just finished Sorkin's new book "1929" about the stock market crash and aftermath Deminpenn Nov 8 #35
class war Cirsium Nov 8 #36
Bezos seems damn weird to me... Joinfortmill Nov 9 #37
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