Thread by @soychicka

I think @AnandWrites is suggesting a better metaphor for understanding the growing economic gap the wealthy are hoarding all the growth.

But I think one question that needs to be asked: how many wealthy individuals could have truly amassed their fortunes legally & ethically.

The chart @alivelshi used to illustrate what essentially is the doubling of wealth in the top 1% vs the loss of wealth in the lower 50% is fairly clear, but what I would have REALLY appreciated is seeing a historical graph of normalized wealth since, say, 1900 or so...

because I have a feeling that there will be sharp inflections around both 1919 (the start of prohibition) and 1987-1989... and as both were followed by big economic crashes, THAT would be very interesting to address.

If so, I think we might have another metaphor for the consolidation of wealth: theft.

And as a previous recipient of a Rosenstiel fellowship, that angers me.
chuckcowdery.blogspot.com/2019/05/roy-co…