To keep their bond-ratings, hedge-funds have to publicly demonstrate that they are the most ruthless of landlords

[Wanderfound]

@Purplecat

All that land, property and …property, and all owned by commoners! Barely a title amongst them. Some of them even worked before joining the elite.

Now, we’re regressing back beyond that to a time of vast inherited wealth, and the estates are corporate shareholdings, not landed titles from the monarch. But they may as well be.

It was the classic liberal revolution: taking power from the old-money titled aristocracy and transferring it to the new-money capitalists. The voice of the peasantry had almost no influence.