Posted at Hartmann Report on May. 28, 2025
The Billionaire Hoarding Plague: How America’s Richest Became Its Biggest Threat
How a sick obsession is killing workers, democracy, and our planet…
It happens every few generations. It’s what drove the fascist oligarchs of the Confederacy to reach out and try to conquer the entire United States in the 1860s. It caused the Robber Barons to murder union organizers and ultimately crash America into the Republican Great Depression in the early decades of the 20th century. And it’s why wages have been stagnant while billionaires’ wealth has exploded in the years since the Reagan Revolution.
What I’m talking about here is the rise of greedy oligarchs who are driven by an identifiable mental illness, what’s either a subset of Obsessive Compulsive Disorder (OCD) or a defect in impulse control called Hoarding Syndrome.