By Charles Hugh Smith
OfTwoMinds.com
May 3, 2024
That this level of incendiary outrage has seeped into the mainstream media tells us that the bill for America's gluttony of inequality is long overdue.
Two primary trends may be reversing: wage earners-labor-may be finally starting to regain some of the share of Gross Domestic Income (GDI) lost to capital over the past 54 years, and economic class identity that collapsed in favor of individual identity-enabling the siphoning of $149 trillion in GDI from labor to capital since 1970-may be reviving.