The 'American Prosperity' Myth: America's Middle Class Almost LAST Among Developed Nations - Further From the Top Than Most Others

"Middle Class RIP" (Illustration by DonkeyHotey)

"The Bottom Half of America Owns a Smaller Percentage of National Wealth than Almost All Other Countries and Continents."

By Paul Buchheit
Inequality is a cancer on society, here in the U.S. and across the globe. It keeps growing. But humanity seems helpless against it, as if it's an alien force that no one understands, even as the life is being gradually drained from its victims.

The recent  Oxfam report on global wealth inequality reveals some of the ugly extremes that have divided our world. It also directs our attention to the  Global Wealth Report compiled by Credit Suisse, and the companion Databook, which offer a shocking testament to the severity of U.S. and global inequality.

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