An international firm specializing in helping millionaires relocate has opened in Bogotá. ‘My life plans can’t depend on an election,’ says a 30‑year‑old architect
It’s ironic that the left and the right share the fantasy of Atlas Shrugged: that all of the rich people would fuck off and go live isolated inside a mountain to show how much (little) we need them
That seems like a misrepresentation of the “left” (pretty much a useless term, but oh well).
Most of the “right” indeed believes “rich people” are essential to the economy and their abandonment of a country leads to economic collapse.
I’d argue the “left” agrees that the owners of capital play an essential role in most economies nowadays, but also believe that it doesn’t have to be that way. In a capitalist economy (like most in the world), the need to appease capital owners, constantly growing, desire to accumulate capital leads to unwanted outcomes like democratic backsliding and without resistance economic power subverts democratic institutions.
I’ll admit I don’t know the work you mention in your comment, so I might have missed some context.
It’s ironic that the left and the right share the fantasy of Atlas Shrugged: that all of the rich people would fuck off and go live isolated inside a mountain to show how much (little) we need them
That seems like a misrepresentation of the “left” (pretty much a useless term, but oh well).
Most of the “right” indeed believes “rich people” are essential to the economy and their abandonment of a country leads to economic collapse.
I’d argue the “left” agrees that the owners of capital play an essential role in most economies nowadays, but also believe that it doesn’t have to be that way. In a capitalist economy (like most in the world), the need to appease capital owners, constantly growing, desire to accumulate capital leads to unwanted outcomes like democratic backsliding and without resistance economic power subverts democratic institutions.
I’ll admit I don’t know the work you mention in your comment, so I might have missed some context.
Which part of the right thinks that?
It’s the same story, but the right reads Atlas Shrugged as a cautionary tale, where the left reads it as aspirational.