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Wealth Divide

Top Ten Percent Now Own 77 Percent Of The Wealth

By Matt Bruenig for People's Policy Project. The Federal Reserve released the 2016 version of the Survey of Consumer Finances today. I will be doing a lot of work with this data in the coming months. But for starters, here is a short post about overall wealth inequality. The below graph shows the wealth level at each percentile of the wealth distribution. Since wealth is so overwhelmingly concentrated at the top of society, you cannot see much from the chart itself, but you can hover over the line on the graph with your cursor to see the dollar figure at every percentile.

Will Progressives Only Talk To Themselves?

BY Les Leopold for Huffington Post. Building such a network, however, requires having faith in the power of education. It requires that we understand that runaway inequality ties us all together and can only be tackled through a broad-based common movement with a common agenda. This educational process asks us to have the confidence and courage to engage in dialogue with a wide range of people who also care about building a better society for themselves and their families. None of this will come easy. Our silos provide us with strength. We take pride in our identities and are empowered by them. Also, it is very difficult for us to even imagine what a common movement might look like, let alone how to build one. But we can be sure of one thing: Building a fairer and more just society will require a massive educational movement. As the Populists taught us, it can be done.

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