Wednesday, February 24, 2010

The Richest 1% Have Captured America's Wealth -- What's It Going to Take to Get It Back?

The U.S. already had the highest inequality of wealth in the industrialized world prior to the financial crisis -- and it's gotten even worse.
"The war against working people should be understood to be a real war.... Specifically in the U.S., which happens to have a highly class-conscious business class.... And they have long seen themselves as fighting a bitter class war, except they don't want anybody else to know about it." -- Noam Chomsky
As a record amount of U.S. citizens are struggling to get by, many of the largest corporations are experiencing record-breaking profits, and CEOs are receiving record-breaking bonuses. How could this be happening, how did we get to this point?
AlterNet

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