The (billionaires’) case against billionaires

The cover of the Penguin edition of Ayn Rand’s ‘Atlas Shrugged.’ The statue of Atlas has been removed. Lying across the full width of the cover is a golden-tinged smashed Roman statue head of an unknown king, his face half-gone and his nose missing.

The downsides of a world with billionaires in it are well-rehearsed: billionaires can convert their vast wealth to power, and use that power to turn their whims and pet theories into policy failures that affect millions — or even billions — of people.

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