How America is rigged for the rich

CNN:

When Congressman Paul Ryan opined recently that there was a “real culture problem” in poor communities, “in our inner cities in particular,” and that this culture was behind some of the country’s economic troubles, he didn’t realize how half right he was.

People are continuing to debate fiercely what Ryan said and whether he meant to propagate racially coded explanations of poverty’s roots. But put that aside for a moment. Here’s what he was right about: There is indeed a culture in America that is pathological and now threatens our social fabric. It’s not the culture of poverty, though. It’s the culture of wealth.

We live in an age of extreme concentration of wealth in America. The problem is not just that the 1% have managed to nearly triple their share of national income in the last three decades. Nor is it just that the 1% increasingly are fed, schooled and housed in a bubble apart from the rest of their fellow citizens.

The problem is that today’s concentration of wealth is breaking the golden link that Ryan and others take pains to emphasize — the link between work and reward.

To be honest this more or less speaks for itself, unless of course you believe in the socialist /marxist conspiracy that has hampered the accumulation of money in the US for so long!

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