On Nov 14, 2006, at 11:49 AM, Carrol Cox wrote:
looking back on the history of the 19th, 20th, and 21st centuries will see that the core of the ruling class consists of the rentier strata of the capitalist class
Except that there aren't many rentiers around today. Piketty & Saez demonstrate that they were wiped out in the mid-20th century by depression, war, and inflation. The highest-income people today "work" for their money, as CEOs, hedge fund jockeys, etc. Doug
