07 Oct '11, 9pm

The Reign of the One Percenters | Christopher Ketcham | Orion Magazine

New York, the FPI informs us, is now at the forefront of the maldistribution of wealth into the hands of the few that has been ongoing in America since 1980, which marked the beginning of a new Gilded Age. Out of the twenty-five largest cities, it is the most unequal city in the United States for income distribution. If it were a nation, it would come in as the fifteenth worst among 134 countries ranked by extremes of wealth and poverty—a banana republic without the death squads. It is the showcase for the top 1 percent of households, which in New York have an average annual income of $3.7 million. These top wealth recipients—let’s call them the One Percenters—took for themselves close to 44 percent of all income in New York during 2007 (the last year for which data is available). That’s a high bar for wealth concentration; it’s almost twice the record-high levels among th...

Full article: http://www.orionmagazine.org/index.php/articles/article/6...

Tweets

Love thoughts for present and future occupiers ...

orionmagazine.org 07 Oct '11, 3pm

Reign of the Ninety-nine Percenters? October 06, 2011, by Christopher Ketcham Christopher Ketcham’s essay “The Reign of th...

one at a time...

one at a time...

Mix freshly grated coconut (get from local wet markets) with pinch of salt. Steam over high heat for 5 mins. Leave to cool...

#occupywallstreet

orionmagazine.org 28 Sep '11, 7pm

New York, the FPI informs us, is now at the forefront of the maldistribution of wealth into the hands of the few that has ...

Mapping the trees of New York, one by one

Mapping the trees of New York, one by one

grist.org 13 Oct '11, 7pm

Mapping New York's trees. Photo: Sarah Goodyear Philip Silva is standing on a sidewalk in Queens, quite literally hugging ...