The top one percent’s income share more than doubled from 1975 to 2005

Evidence

The top 1% of earners in the United States made 19% of all income in 2005, up from 8% in 1975, according to an analysis by Emmanuel Saez and Thomas Piketty, two econ - omists. — Rebecca A. Martusewicz, Jeff Edmundson, and John Lupinacci, EcoJustice Education, 916

Categorization

• XREF: Saez-Piketty data connects to the financialized-income-inequality material on bargaining power and claims-making already in the knowledge base. — connects to: Sixty-five percent of recent US income growth went to the top one percent — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 655; US income inequality roughly doubled between 1980 and 2007. — Mark Blyth, Austerity: The History of a Dangerous…, 59; US top income share rose 636 percent while bottom wages stagnated since 1980 — Jessica Whyte, The Morals of the Market: Human Rights…, 454

Broader Connections

• Sixty-five percent of recent US income growth went to the top one percent #corroborates (0.85) — Wendy Brown, Undoing the Demos, 655
• US top income share rose 636 percent while bottom wages stagnated since 1980 #corroborates (0.82) — Jessica Whyte, The Morals of the Market, 454
• US income inequality roughly doubled between 1980 and 2007. #corroborates (0.80) — Mark Blyth, Austerity, 59