By Chuck Collins
Over the earlier thirty years, we have seen an intensive redistribution of wealth upward to a tiny fraction of the inhabitants. right here, activist Chuck Collins explains the way it occurred and marshals wide-ranging information to teach precisely what the 99/1 percentage divide potential within the genuine global and the wear it explanations to participants, companies, and the earth. most crucial, he solutions the burning query, what might be performed approximately it? He bargains a common sense advisor to bringing a couple of society that works for everybody: the one hundred pc. this can be a fight that may be received. in spite of everything, the percentages are ninety nine to one in our desire.
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Extra resources for 99 to 1. How Wealth Inequality Is Wrecking the World and What We Can Do about It
Some commentators have rejected the simplicity of the 99 to 1 framework, rightly pointing out that it glosses over the divisions and diversity within both segments. Obviously, 99 to 1 is part demographic and part symbolic. But it is a meaningful and powerful lens to understand this moment in history, as this book will explain. ” (We surveyed hundreds of people to enlist ideas for what to title this book. ”) My own perspective is that we need everyone—the whole 100 percent—to be engaged in changing our imbalanced society.
Growing together after World War II and pulling apart after 1979. There’s an important historical lesson and political point here. S. history. Because these inequalities are human-made, they are not impermeable to change. Pulling Apart: 1977 to Present The “growing together” years after World War II were a stark contrast to the “pulling apart” period of unequal growth of income and wealth over the last thirty-five years. In coming chapters, we will explore the reasons extreme inequality has grown.
Within the 1 percent are people who have devoted their lives to building a healthy economy that works for everyone. The focus of our concern and organizing should be the “rule riggers” within the 1 percent—those who use their power and wealth to influence the game so that they and their corporations get more power and wealth. This is good news, because the rule riggers, though powerful, don’t hold all the cards. And there are huge numbers of allies in the 1 percent who are part of the movements for a more fair and equitable world.
99 to 1. How Wealth Inequality Is Wrecking the World and What We Can Do about It by Chuck Collins