"I can't sleep at the thought of the social upheaval that I believe is imminent. Bear in mind that when the poor rise up, the middle class won't want to buy luxury goods for fear of exposing their wealth. How is society going to cope with unemployment, the envy, the hatred, and the social warfare? We are destroying the middle classes at this stage and it will affect us. It's unfair, so that's what keeps me awake at night."
-Billionaire Johann Rupert, at the Financial Times "Business of Luxury" summit meeting, in Monaco
Source:
Richard Wolff Global Capitalism update June 2015Related:
http://www.democracyatwork.info/
