Like the chart but did oligarchy ever really go away?
Discussion
Oligarchy never goes away, there are just different balances in power amongst the different classes throughout time. Even speaking of classes nowadays is taboo though.
And oligarchy isn’t the worst form of government, in its best instantiation of aristocracy it can be said to be the best form.
Just an FYI, the is chart isn't even close.
Roughly 18% of the US are millionaires, not 1%.
You aren’t wrong - my chart must be pre covid. I’m getting closer to 9% rather than 1%.
Perhaps it was accounting for liquid millionaires out of the total population not the tax base.
I didn’t see the 18% does that include all the people whose homes are now millions that they bought for a few k 35 years ago?
I think perhaps 7% doesn't include primary residence, 18% included primary likely. Not sure.