this post was submitted on 04 Jul 2026
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Number of billionaires globally soars by 13% amid AI shares boom — Billionaires’ wealth grew by 25% on average in the year ended in April, research from Swiss bank UBS finds (www.theguardian.com)
submitted 22 hours ago by sanitation@lemmy.today to c/technology@lemmy.world
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[–] radiofreebc@lemmy.world 29 points 21 hours ago (1 children)

"Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires" - John Steinbeck

[–] FlashMobOfOne@lemmy.world 19 points 21 hours ago* (last edited 20 hours ago) (1 children)

No.

It never took root because they killed them (Huey Long) and imprisoned them (Eugene Debs). The ones they couldn't kill or imprison were intimidated into silence. (Red Scare, among others.)

[–] binux@sh.itjust.works 15 points 18 hours ago

Multiple things can be true at once.