The One Percenters

“The upper 1 percent of Americans are now taking in nearly a quarter of the nation’s income every year.

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In terms of wealth rather than income,

the top 1 percent control 40 percent.

“Their lot in life has improved considerably.

Twenty-five years ago, the corresponding figures were 12 percent and 33 percent.”

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[ “Gud-daf-tah-noon Meester Bont – soon zee hole vorld vill be mine” ]

So I discover in a piece by Joseph E. Stiglitz in the new issue of Vanity Fair.

These facts confirm my impression that greed is now seen as a virtue in America.

I’m not surprised by the greed of the One-Percenters.

I’m mystified by the lack of indignation from so many of the rest of us.

Read the rest here

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