this post was submitted on 06 Mar 2022
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The problem is, although the term exists in English, it’s never used in popular discourse, unlike oligarch.
It was used abundantly in leftist circles until the neoliberal turn. Now talk of the "bourgeoisie" or "robber barons" has been replaced by a confusionist denouncing of neoliberalism, multinationals and new world order... but despite the political shortcomings of these new expressions, anti-rich sentiment is still alive and well in the global North.