Monday, October 03, 2011

Who’s the “Top One Percent”?

What a social-networked mush-up "Occupy Wall Street" turns out to be. Cursory browsing among the protest supporters took me to faith-based foundations, socialist groups  and academia, now joined by such mainstreamers as Hollywood celebs, labor unions and  Move On. The WP's Ezra Klein offers a primer, including a link to We are the 99 Percent.

And who is the other One Percent? Depends on whether you're talking income or net worth, as Catherine Rampell explains in this Economix post. Note that income inequality has increased significantly in recent years; the more extreme imbalance in net worth has changed little for decades.

No comments: