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Labor Day thought experiment

September 3, 2012

For Labor Day, and lest we forget: Robert Reich states it succinctly.

Inequality in America is at record levels. The 400 richest Americans now have more wealth than the bottom 150 million of us put together.

To get a feel for this, I think of that time where a couple hundred guests were crammed into a sizable house—then I just double it. Then I wonder what 150 million means. If we can’t understand this in sufficient numbers we are surely as doomed as the despots of times past.

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