Economy  
comments_image Comments

Big Lie: America Doesn't Have #1 Richest Middle-Class in the World: We're Ranked 27th!

America is the richest country on Earth. We have the most millionaires, the most billionaires—and an increasingly poor middle-class.

Continued from previous page

 
 
Share
 
 
 

Our hope, I believe, lies in the young people who are engaged each day in fighting for the basic human rights for all manner of working people—temp workers, immigrants, unionized, non-union, gays, lesbians, transgender—as well as those who are fighting to save the planet from environmental destruction. It's all connected.

At some point these deeply committed activists also will understand that financialization both here and abroad stands in the way of justice and puts our planet at risk. When they see the beast clearly, I am confident they will figure out how to slay it.  

The sooner, the better.

Les Leopold is the director of the Labor Institute. His most recent book is "How to Make a Million Dollars an Hour: Why Hedge Funds Get Away with Siphoning of America's Wealth (Wiley, 2013)." His next book project will focus on why the richest country on earth is so poor.

 
See more stories tagged with: