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I think the point TFA was making is that the 9.9% hasn’t experienced a decline in wealth in order to feed the accretion of wealth in the top 0.1%, and that such

by beager 8y ago

I think the point TFA was making is that the 9.9% hasn’t experienced a decline in wealth in order to feed the accretion of wealth in the top 0.1%, and that such a situation creates an aristocratic attitude among that 9.9%, dulling any motivation to fix wealth inequality or economic immobility in the bottom 90%. I believe that the term 9.9% is a slogan though.

AstralStorm 8y ago
The difference between comfort and struggle, hmm? Three real question is what the 9.8% can do even if completely united to fix the problem that the top 0.1% cannot stop. Unless you mean politicians (who are typically in top) - because power and wealth are related but nor equivalent - and transferable plus exchangeable.