Sunday, August 08, 2010


Many of the great fortunes of American history - those of the Rockellers, AndrewCarnegie and the Fords - are now mighty foundations that have long outlasted their founders. Recent years have seen the greatest disparity of wealth in America since the Golden Age of the 1920s. A recent study found that the top one per cent of Americans now receive 15 per cent of the country's total income - about double the rate of the 1960s and 1970s." (Times, 5 August) RD

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