I rememeber when “the 1%” was a thing. It wasn’t that long ago.
And no one really cared. The rich just do want they want and entire countries full of people just spend and spend and pretend like a Balenciaga T-shirt that took them 100 hours of labor to afford is worth mountains of systematic injustices.
The issue with “the top 1%” term is that most people can name 100+ people, so it feels as though being in that group is attainable.
Especially when you realise that in the US, there would be ~3.3m 1%’ers.
The reality is that we should be focusing on the top 1% of the top 1% of the top 1% (~330 US individuals); the top 0.0001% - if you will.
They hold outsized political and economic power; you are not part of that group, you will never be part of that group, and they can/will squeeze you for every penny they can.
I rememeber when “the 1%” was a thing. It wasn’t that long ago.
And no one really cared. The rich just do want they want and entire countries full of people just spend and spend and pretend like a Balenciaga T-shirt that took them 100 hours of labor to afford is worth mountains of systematic injustices.
I’m so tired of this timeline.
The issue with “the top 1%” term is that most people can name 100+ people, so it feels as though being in that group is attainable.
Especially when you realise that in the US, there would be ~3.3m 1%’ers.
The reality is that we should be focusing on the top 1% of the top 1% of the top 1% (~330 US individuals); the top 0.0001% - if you will.
They hold outsized political and economic power; you are not part of that group, you will never be part of that group, and they can/will squeeze you for every penny they can.