Are you in the 9.9 percent? (with Matthew Stewart)

Pitchfork Economics with Nick Hanauer · Dec 21, 2021 · 37m

In the U.S., inequality is often framed as the 99% versus the wealthiest 1%. But that’s not quite the right matchup. While the bottom 90% has done dramatically worse over the last several decades and the top 0.1% has done dramatically better, the 9.9% in between those groups still controls more than half of the wealth in the United States. Author and philosopher Matthew Stewart thinks that the 9.9% are not innocent bystanders, and he joins Nick and Goldy to discuss how this group is entrenching inequality and warping our culture.

Matthew Stewart is an author and philosopher. He is the author…