Harold Hellickson's Blog – July 2009 Archive (2)

Following my July 26th article, "Income and Net Worth Inequality" a commenter indicated he was in pursuit of additional information. I promised him that I would review my files and send him what I could find. I did. He suggested it be submitted as article for a wider audience. This is it, with only a slight modification.



For the record, the data used for the earlier article indicates seventy percent of American families earn less than $75,200.



"The two greatest obstacles… Continue

The Company Store or Theft by Any Means



That the rich have prospered from the labor of others is not news. Neither are the varied strategies by which the rich have continued to grow income and wealth inequality. What would be news is that the directional trend of income and wealth inequality were reversed. But will it? If so, how?



Pre-unionization, the Company Store assured owners of textile companies, coal mines, and others, plus those employing temporary farm labor that… Continue