Fighting the new Gilded Age with genuine populism

Fighting the new Gilded Age with genuine populism

America is in a second Gilded Age. The facts are clear.

The richest 1 percent of American families own approximately 40 percent of the country’s wealth. The richest one-tenth of 1 percent of American families control about as much wealth as the bottom 90 percent. The richest Americans also engage in opportunity hoarding (most acute among the top 20 percent of families) which helps to conserve their power and influence while denying it to others.


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