In the year 2022, three multibillionaires own more wealth than the bottom half of American society – 160 million Americans. This is unsustainable.
By Bernie Sanders, The Guardian
Let’s be clear. The most important economic and political issues facing this country are the extraordinary levels of income and wealth inequality, the rapidly growing concentration of ownership, the long-term decline of the American middle class and the evolution of this country into oligarchy.

We know how important these issues are because our ruling class works overtime to prevent them from being seriously discussed. They are barely mentioned in the halls of Congress, where most members are dependent on the campaign contributions of the wealthy and their Super Pacs. They are not much discussed in the corporate media, in which a handful of conglomerates determine what we see, hear and discuss.
So what’s going on?
We now have more income and wealth inequality than at any time in the last hundred years. In the year 2022, three multibillionaires own more wealth than the bottom half of American society – 160 million Americans. Today, 45% of all new income goes to the top 1%, and CEOs of large corporations make a record-breaking 350 times what their workers earn.
Recent Posts
The Trump-Musk Spat Exposes Our Ugly Plutocracy
June 7, 2025
Take Action Now Two billionaires, Donald Trump and Elon Musk, are squabbling over the federal government’s spoils. It seems almost quaint to worry…
Donald Trump Is Advertising Genocide As A Business Opportunity
June 6, 2025
Take Action Now The U.S. president is still trying to sell the world on the destruction of Gaza.By Edward Hunt, Foreign Policy in Focus Among all…
The FBI Sought Search Warrants For Columbia Students’ Social Media
June 5, 2025
Take Action Now New court documents reveal how the feds tried to unmask the Columbia students — and got blocked by federal judges on First Amendment…
Greta Thunberg Speaks From Aid Ship Heading To Gaza Despite Israeli Threats: It’s My Moral Obligation
June 5, 2025
Take Action Now “We cannot have climate justice without social justice. The reason why I am a climate activist is not because I want to protect…