Who rules America
sociology.ucsc.edu
Who rules America
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Re: Who rules America
#2People write these findings as if they're surprising. It's not. Take Google, for instance:
-The founders, early hires, and investors made a lot. This is their top 1% accounting for 35% of the wealth
-The rest of the employees made not as much, but still quite a lot. This is the next 19% holding 50%.
Then there's people who didn't have anything to do with building Google, who own none of Google. That's the other 80% of people, who own 15%.
The people who didn't build Google benefit a heck of a lot from the people who did - they have free to a range of amazing quality free services - search, Gmail, Maps, Earth, Apps, Finance, Analytics, Voice, Android, etc, etc, etc. They don't own Google and they're not millionaires. But they're much better off because the Google guys built that amazing company, which is why they're so wealthy.
Re: Who rules America
#3Leftists are obsessed with money, but just for the record, the media rules America. Money is mainly concerned with protecting and growing itself, not ruling anything as such.
Re: Who rules America
#4Leftists are obsessed with money, but just for the record, the media rules America. Money is mainly concerned with protecting and growing itself, not ruling anything as such.
Money rules the media. (In large part, not completely.)
Through the media, corporations, and lobbyists the rich rule America.
Re: Who rules America
#5People write these findings as if they're surprising. It's not. Take Google, for instance: -The founders, early hires, and investors made a lot. This is their top 1% accounting for 35% of the wealth -The rest of the employees made not as much, but still quite a lot. This is the next 19% holding 50%. Then there's people who didn't have anything to do with building Google, who own none of Google. That's the other 80% o…
Are you saying it's not surprising, or just not surprising to you?
Evidence shows that most people don't know the actual wealth distribution in this country: http://www.slate.com/id/2268872
Looking at the Real vs. Imagined Welath Distribution, it's easy to see that people underestimate the top 20%, but what is striking to me is the the bottom 40% isn't even visible on the actual distribution because they make up about %0.3. Call me ignorant but that was a big surprise to me.
EDIT: Just wanted to make it clear that the slate link is only about wealth and not income.
Re: Who rules America
#6Leftists are obsessed with money, but just for the record, the media rules America. Money is mainly concerned with protecting and growing itself, not ruling anything as such.
Leftists are obsessed with money
I believe it's actually the other way around.
Re: Who rules America
#7Leftists are obsessed with money, but just for the record, the media rules America. Money is mainly concerned with protecting and growing itself, not ruling anything as such.
Money rules the media. (In large part, not completely.) Through the media, corporations, and lobbyists the rich rule America.
Agreed; reminds me indirectly of Arthur Jensen's speech to "off the reservation" media star Howard Beale in Network.
"It is the international system of currency which determines the totality of life on this planet -- it is the order of things today"
Re: Who rules America
#8Leftists are obsessed with money, but just for the record, the media rules America. Money is mainly concerned with protecting and growing itself, not ruling anything as such.
Money rules the media. (In large part, not completely.) Through the media, corporations, and lobbyists the rich rule America.
[deleted]
Re: Who rules America
#9Leftists are obsessed with money, but just for the record, the media rules America. Money is mainly concerned with protecting and growing itself, not ruling anything as such.
Leftists are obsessed with money I believe it's actually the other way around.
I wonder what the earliest historical mention of "mass uprising" is? Does the idea go back to Egypt? What's the earliest revolt?
Re: Who rules America
#10People seem to love pointing out income distribution numbers (seemingly to pit people against the wealthy, but maybe I'm wrong). But let's not forget who also pays the taxes:
http://www.ntu.org/tax-basics/who-pays-income-taxes.html
(top 1% pay 38% of income taxes)