The Price of Inequality: How Today's Divided Society Endangers Our Future
Joseph E. Stiglitzamazon.com
The Price of Inequality: How Today's Divided Society Endangers Our Future
the 400 wealthiest Americans took home an hourly “wage” of $97,000 in 2009 (the last year for which the IRS has provided data)10—a rate that has more than doubled since 1992.
“In America the share of national income going to the top .01% (some 16,000 families) has risen from just over 1% in 1980 to almost 5% now—an even bigger slice than the top .01% got in the Gilded Age.”