I’m surprised it’s not more obvious. Tons of CEOs tank their companies and fail upwards into boards and other CEO positions of multi-billion dollar companies because they completely mismanaged the company but somehow rich people are geniuses?

We’re all supposed to believe that the rich are rich because of their own merit and the poor are poor because of their own lack of merit, so that we don’t force the rich contribute more to the public pot so that the poor aren’t poor.

So the relentless propaganda we’re bombarded with in the media is that the rich are great and amazing people who got to were they are due to their hard work and intelligence (notice how Bill Gate’s mother who was a member of the board of IBM was never mentioned in the press when talking about “his” success with Microsoft) whom we should all look up to whilst in the last couple of decades we’ve been seeing more and more in the rightwing press stories about how the poor are lazy and dependent on benefits (aka social security if in America).

The poor aren’t the ones who own TV Channels, Newspapers and (in countries that have that) end up in the boards of publicly owned TV Channels and Newspapers.