Oligarchy, Plutocracy, Abundance, and Impoverishment

The historian Heather Cox Richardson and Robert Reich have both pointed out that, since 1981, as much as $50 trillion moved from the bottom 90% to the top 1%. I remember learning that there was a strain of Christian thought that held that if you get very rich it’s a sign that God favors you. This belief appears to have gained in man’s favor. Eyes of needles can now accommodate the passage of even the fattest camels.