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America's 60 Families

Book by Ferdinand Lundberg · 2 quotes · Capitalism, Class Struggle, Wealth Inequality

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“Persons of limited means who scrimp to save from fifty to seventy-five per cent of income are properly termed misers, and are regarded with pitying scorn; but the rich of today enjoy the doubly paradoxical distinction of being spendthrifts, misers, and philanthropists simultaneously.”

Wealth Capitalism Class Struggle Wealth Inequality

Book:America's 60 Families

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“JOURNALISM, which shapes, modifies, or subtly suggests public attitudes and states of mind, morbidly attracts the owners of the great fortunes, for whose protection against popular disapproval and action there must be a constantly running defense, direct or implied, specific or general. The protective maneuvers often take the form, in this plutocratic press, of eloquent editorial assaults upon popular yearnings and ideas. The journalism of the United States, from top to bottom, is the personal affair bought and paid for by the wealthy families. There is little in American journalism today, good or bad, which does not emanate from the family dynasties. The press lords of America are actually to be found among the multimillionaire families.”

Wealth Journalism Class Struggle Class Warfare Plutocracy Journalist Capitalism

Book:America's 60 Families

Source: America's 60 Families

America's 60 Families

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