US billionaire oligarchs today are even wealthier than the original robber barons.
https://x.com/BenjaminNorton/status/2013029417174360349
At the peak of the Gilded Age in 1910, the richest 0.00001% of the US population owned wealth equal to 4% of national income.
Now, the richest 0.00001% owns 12%.
US billionaire oligarchs today are even wealthier than the original robber barons.
Source: open.substack.com/pub/gzucman/p/
posted by Satish Sharma at
06:05
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