Economy

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.

March 27, 2026

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: Conscious-Quarter423

thehourglasses on March 27, 2026 3:56 pm

I’m shocked. A system centered around capital accumulation drives wealth inequality. Absolutely shocked, I tell you.
zen49 on March 27, 2026 4:13 pm

Notice how the golden age of U.S economy is during the lowest of the richest
This_They_Those_Them on March 27, 2026 4:38 pm

And crazy propaganda daily to distract from this fact..
Auspectress on March 27, 2026 4:47 pm

Amd that is what, 40 americans? That means excluding 40000 wealthiest americans the rest is poor in relative terms to them