Eat the Rich

So the revelations from the Panama Papers are all shocking and whatnot if you didn’t already assume that the world’s oligarchs were greedy pieces of shit. Though I suppose it’s interesting to see how specifically all this tax haven stuff works.

But what really surprised me was this picture from The Guardian:

Jasmine Li (centre) at the Crillon debutante ball for Vanity Fair magazine in Paris, France. Photograph: Jonathan Becker/Contour by Getty Images

They still have debutante balls? And the kind where actual wealthy people attend, not athletes or minor celebrities but those whose ungodly riches can destroy nations. There were princesses and future captains of industry at this shindig. I swear, it looks like something out of My Fair Lady.

Jasmine Li, it seems, is a scion of one of China’s Communist Party elites. Well, the party calls itself communist, but really, when your party members’ kids are coming out in a debutante ball then there’s no use pretending there’s anything of the old ideals left.

It just goes to show that the 1% live in a different world from the rest of us, which is especially noteworthy since the pictures date from 2009, during the worst economic crisis in decades. Ordinary people were left destitute and homeless as the masters of the world waltzed the night away. I wonder, is this kind of inequality what we can expect for the rest of this century? One wonders.