THE WIDENING GAP

Christia Freeland has spent 20 years of her life working for the Financial Times and Reuters and she has recently turned her long experience of the owning class into a book about them. Entitled Plutocrats: The Rise of the New Global Super-Rich it was recently reviewed by the press. "In the 1970s, the top 1% of earners in America captured about 10% of national income. Today their share has more than doubled to 22%. .... Bill Gates and Warren Buffett have the combined wealth (about $100 billion) of the bottom 40% of the US population - about 120m people." (Sunday Times, 28 October) RD