Think back to the antebellum South, in 1850.
The census of that year
shows that, of roughly 660,000 households in the southern states, the 1,000
leading households of the plantation elite received about $50 million in annual
income.
The rest of the population
earned only about $60 million annually.
Can you say “inequality”?
Any part of this sound
familiar?
Source:
Howard Zinn, A
People’s History of the United States, 1492-Present (1980; repr., New
York: Harper Perennial Modern Classics, 2005), 236.
Copyright © Richard Carl
Subber 2016 All rights reserved.
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