Blog posts with "1%"

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American Democracy Eroded by Economic Elite Domination

As you consume your corporate-controlled media in your underwater mortgaged home with your non-dischargeable student loan debt, rest assured that the economy is recovering...for the top 1% that is. The 6 corporations that control 90% of American media overwhelmingly omit that the top 1% “captured 95% of the income gains in the first three years of the recovery” (2009-2012) according to University of California-Berkeley Professor Emmanuel Saez. If you think such disparate wealth distribut...

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