Power in America - long but well worth reading

[malaise]

http://sociology.ucsc.edu/whorulesamerica/power/wealth.html


Figure 6: CEOs' pay as a multiple of the average worker's pay, 1960-2007

This is why Dems need to win

add chart; sp.

[TBF]

1. The Wealth Distribution

People should be outraged by this -

"In the United States, wealth is highly concentrated in a relatively few hands. As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.7%."

[Javaman]

3. The American Public should be, but...

sadly, the majority are kept in the dark. They are force fed the right wing talking point that unions are evil and that corporations, for the most part, are ambivalently good.

Nothing more than pushing the of American Fascism.

[blindpig]

2. Money is power

I don't see a Democratic win changing that any.