The 99% Is a Myth—Here’s How It Really Breaks Down

The Atlantic

Published on May 16, 2018

When it comes to the division of wealth, many Americans believe that the country is split between the 1%, which possesses a significant share of the country’s money, and the 99%, or “the people.” In reality, The Atlantic writer Matthew Stewart argues, 9.9% of the population comprises America’s new aristocracy, which often “takes wealth out of productive activities and invests it in walls.” But this group of people is rich in more than mere money, and its constancy poses an insidious threat to the promise of American democracy.

See related:

On Our Watch – The Hijacking of America

Bush-Rushmoreas well as:Orwell-5Read Stewart’s article inn The Atlantic (June 2018).

New-Aristocracy-Yale

See also:

Noam Chomsky – A Perfect Storm

Chomsky-storm

 

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