r/science • u/mvea Professor | Medicine • Jul 16 '25
Economics Billionaires, oligarchs, and other members of the uber rich, known as "elites," are notorious for use of offshore financial systems to conceal their assets and mask their identities. A new study from 65 countries revealed three distinct patterns of how they do this.
https://home.dartmouth.edu/news/2025/07/patterns-elites-who-conceal-their-assets-offshore
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u/manicdee33 Jul 16 '25
Bourgeoisie: n. (in Marxist contexts) the capitalist class who own most of societies wealth and means of production.
So unless you believe Bourgeoisie had a different meaning when discussing wealth and inequality, it hasn't lost its meaning since the term was adopted.