A prior post made an effort to gain greater analytical clarity concerning the unfairness involved in the separation between the “one percent” economy and the rest of us. In what ways is the wealth owned by the super-billionaires an “unfair” extraction from the rest of US society? How can we account for the very rapid accumulation of wealth in the hands of the richest 1 percent of US wealth holders since 1980? The answer seems to largely turn on the rapid expansion in wealth represen...
