by AnandGiridharadas, pps. 263, (pub. A.A. Knopf,2018)
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What I learned from this book
The author lays some eye-opening stats on us in the Prologue. It does as much to shed light on the financial anxiety most Americans are and have been feeling for quite some time – that contribute to much of the division and fear mongering that has become an American staple for others to ‘swooping on’ and take full advantage of.
Giridharadas references a study that discovered:
“…middle and lower class Americans (born from 1984 on) now have merely a 35% chance of achieving a comparable lifestyle to their parents (down drastically from previous generations). He goes on to mention that the top tenth of earners income has doubled since 1980, the top 1% has tripled – and, if you’re in the top .001%, you earned 7x.” (paraphrased from Prologue, pg. 4)Continue reading “Winners take all: the elite charade of changing the world”