Toronto’s Linda McQuaig talks about inequality and elitism in the US presidential election:
A fundamental problem in the last few decades – both in Canada and the United States – has been the relentless campaign waged by the financial elite to overturn postwar social and economic policies that provided significant gains for the middle and lower classes in the decades following World War II.
Katrina Vanden Heuvel is Taking On Inequality:
The richest 1 percent of Americans currently hold wealth worth nearly $16.8 trillion, $2 trillion more than the bottom 90 percent.
According to the Center for American Progress, since 1979 the average income for the bottom half of American households has grown by 6 percent. In contrast, the top 1 percent of earners have seen their incomes rise by 229 percent during that same period.