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Inequality in modern-day America is worse than Ancient Rome

Thursday, December 22, 2011

Inequality in modern-day America is worse than Ancient Rome

The 99 percent has found an ally 2,500 years in the past. It just so happens that it’s with those that found themselves in the Ancient Roman plebian and slave classes.

According to research done recently by historians Walter Schiedel and Steven Friesen, cited by Per Square Mile's Tim De Chant, the income inequality gap in modern day America is far greater than the separation within the societies during the days of Julius Caesar. During the Ancient Roman Republic, says the duo’s study published in Per Square Mile, the top one percent controlled 16 percent of society’s wealth. If you fire up the Delorean and go from the Diocletian Empire to twenty-first century USA, you’ll see that things are a little more uneven. Today, that one percent on top controls 40 percent of the country’s wealth..... MORE

SourceRT.com

URL: http://rt.com/usa/news/inequality-ancient-percent-empire-287/

2 comments:

Jesusa Bernardo said...

oh my, how did this happen???? the 99% the educated citizens of a first world country simply got outwitted, outsmarted, outboxed by the top 1%? ano yung 1%, iba ang kinakain at super genes sila at naisahan ang 99%.........eh di ba hindi raw sila corrupt diyan at tayo ang corrupt kaya ang botohan diyan dapat malinis? ibig sabihin ang binoto nila puro mga binuwaya sila? gee.

"Historical humor aside, the narrowing of America’s middle class and rise of poverty has been a long time in the making, even if just become more obvious in recent times thanks in part of course to the Occupy Wall Street movement’s pressing for reform. While 50 million Americans are currently living below the poverty line, in all one-in-two Americans are what the US Census Bureau calls “low-income.” In Washington DC, which is part of the wealthiest metropolitan region per-capital in the country, one-in-ten residents actually earns less than half of what would put them at the poverty line, creating an entire new class of the poorest of the poor which is only increasing as the wealth is torpedoed upwards to the top of the pyramid."

Anonymous said...

Its the american way...

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