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The One Percent is a 2006 documentary about the growing wealth gap between the wealthy elite compared to the overall citizenry in the United States. It was created by Jamie Johnson, an heir to the Johnson & Johnson fortune, and produced by Jamie Johnson and Nick Kurzon. The film's title refers to the top one percent of Americans in terms of ...
Requiem for the American Dream: The 10 Principles of Concentration of Wealth & Power is a book by political activist and linguist Noam Chomsky. It was created and edited by Peter Hutchison, Kelly Nyks, and Jared P. Scott. It lays out Chomsky's analysis of neoliberalism.
Financial wealth is defined as "net worth minus net equity in owner-occupied housing." [30] In real money terms and not just percentage share of wealth, the wealth gap between the top 1% and the other quartiles of the population is immense. The average wealth of households in the top 1% of the population was $13.977 million in 2009.
Read more: Cost-of-living in America is still out of control — use these 3 'real assets' to protect your wealth today Who you marry Codie’s catchphrase: “Marry someone who pushes you towards ...
The wealth analysis draws from the 2022 Survey of Consumer Finance, which found that household wealth in America swelled at a record pace during the pandemic. From 2019 to 2022, the median net ...
"Wealth Inequality in America," a six-minute video produced by a YouTube user named "Politizane," casts an interesting angle on the plummeting savings rate. Set to depressing piano music and ...
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [ 2 ] [ 3 ] The American upper class is estimated to be the richest 1% of the population.
According to the Institute on Assets and Social Policy, for each dollar of increase in average income an African American household saw from 1984 to 2009 just $0.69 in additional wealth was generated, compared with the same dollar in increased income creating an additional $5.19 in wealth for a similarly situated white household.