Wednesday 13 January 2010
The moguls are not helping matters. They might as well be an alien species. The elite are supposed to pioneer trickle-down middle-class goods. That’s not working. Today’s ultra-wealthy are into oddities private space flight, private jets, superyachts, pet Senators, and collecting old media. How many middle-class people are going to ever own a pet Senator? The ultra-wealthy are into the immaterial: not gold ingots, not washing machines, but positions as board of directors, stock options, political sway. Bruce Sterling ☀
