https://x.com/nxt888/status/2046551527331119558
This is the number that should end every argument about American prosperity:
In 1970, at the peak of the postwar boom, the golden age, the era of the middle class, the moment they always point to as proof that capitalism works, the top 1% of Americans held approximately 20-22% of the nation's wealth.
By 2025, after fifty-five years of globalization, deindustrialization, financialization, and the offshoring of every industry the working class depended on, the top 1% holds roughly 38%.
Nearly double.
They extracted from the whole world.
And then they extracted more from their own people.
The working class was the last resource.
After the Global South was squeezed, they turned around and squeezed Ohio.
The empire was never a partnership.
It was always a hierarchy.
And the American worker was always closer to the bottom of that hierarchy than to the top.
He just couldn't see it through the flag.
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