Daily Archives: October 1, 2004

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Forbes 400 list of richest Americans: snapshot of a financial oligarchy

27 September 2004 | World Socialist Web Site by Joseph Kay The current issue of Forbes Magazine contains the publication?s annual list of the wealthiest Americans, ranked by net worth. While one?s first instinct might be to turn away in disgust from such a flaunting of individual wealth and greed, it is instructive to consider the figures, for they provide an important indication of the nature of American society. According to Forbes, ?The economy?s recovery may be a little shaky, but you wouldn’t know it from looking at this year’s Forbes 400. The combined net worth of the nation’s wealthiest […]