Americans watch protests against oppressive regimes that concentrate massive wealth in the hands...
Americans watch protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in the U.S., 1% of the people take nearly 25% of all income - an inequality even the wealthy will come to regret, Joseph Stiglitz writes. The top 1% may have the best houses, educations and lifestyles, but "their fate is bound up with how the other 99% live."
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