
Students walk through the campus of the University of North Carolina at Chapel Hill, North Carolina, on September 20, 2018.
None of this should be surprising given the stark economic inequality that now marks our society. The richest 1 percent of American households currently account for 40 percent of the country's wealth, more than the bottom 90 percent of families possess. Worse yet, the top 0.1 percent has cornered about 20 percent of it, up from 7 percent in the mid-1970s. By contrast, the share of the bottom 90 percent has since then fallen from 35 percent to 25 percent. To put such figures in a personal light, in 2017, three men- Jeff Bezos, Warren Buffett, and Bill Gates - possessed more wealth ($248.5 billion) than the bottom 50 percent of Americans.
Over the last four decades, economic disparities in the United States increased substantially and are now greater than those in other wealthy democracies. The political consequence has been that a tiny minority of extremely wealthy Americans wields disproportionate influence, leaving so many others feeling disempowered.














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