Download e-book for kindle: 99 to 1. How Wealth Inequality Is Wrecking the World and by Chuck Collins

By Chuck Collins

ISBN-10: 1609945948

ISBN-13: 9781609945947

Over the prior thirty years, we have seen a thorough redistribution of wealth upward to a tiny fraction of the inhabitants. the following, activist Chuck Collins explains the way it occurred and marshals wide-ranging info to teach precisely what the 99/1 percentage divide potential within the genuine international and the wear it factors to contributors, companies, and the earth. most crucial, he solutions the burning query, what will be performed approximately it? He bargains a common sense advisor to bringing a few society that works for everybody: the 100%. this can be a fight that may be received. in any case, the percentages are ninety nine to at least one in our desire.

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Additional info for 99 to 1. How Wealth Inequality Is Wrecking the World and What We Can Do about It

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05 percent of the population. 3 This is why politicians listen so carefully to the organized 1 percent. Personal Relationships with Elected Officials. Most members of Congress have personal relationships with game riggers in the 1 percent, even if the donors live outside their districts. They have been at fund-raisers together, broken bread together, and talked on the phone. According to research, the 1 percent is far more likely to have contacted their member of Congress than the average person.

Some in the 1 percent care about the 100 percent and work for a fair and sustainable economy. Others are rule fixers, focused on rigging government policies in their favor to get more wealth and power. But the majority are unengaged and happy to watch their wealth accumulate without weighing in one way or another. The game fixers maintain a worldview that justifies using every tool at their disposal to perpetuate and expand their wealth. Most believe they are the engines of the economic train, creating enterprises and wealth that pull everyone else along.

We have pulled apart. Over a relatively short period of time, since the election of Ronald Reagan in 1980, a massive share of global income and wealth has funneled upward into the bank accounts of the richest 1 percent—and, within that group, the richest one-tenth of 1 percent. S. trend but a global tendency, as the wealthiest 1 percent of the planet’s citizens delinked from the rest of humanity in terms of wealth, opportunity, life expectancy, and quality of life. The New Grand Canyon: Extreme Inequality There has always been economic inequality in the world and within the United States, even during what is called the “shared prosperity” decades after World War II, 1947 to 1977.

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99 to 1. How Wealth Inequality Is Wrecking the World and What We Can Do about It by Chuck Collins

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