Chart: It’s Never Been a Better Time to Be Rich

We’ll be posting a new chart on the current state of income inequality every day for the next couple of weeks. Yesterday’s chart looked at how the richest of the rich have enjoyed massive income gains for decades.

But wait, you say, isn’t that the way it’s always been? Yes and no. It’s never been a bad time to be rich in America. But some times have been a lot better. In fact, the best time may be now, especially when you consider the amount of total income controlled by the top 1 percent since colonial times (with ancient Rome thrown in for comparison):

Sources: Rome: Walter Scheidel and Steven J. Friesen; US in 1774 and 1860: Peter H. Lindert and Jeffrey G. Williamson; US in 1929-2012: World Top Incomes Database

Illustrations and infographic design by Mattias Mackler?

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LESS DREADING, MORE DOING

This is the rubber-meets-road moment: the early days in our first fundraising drive since we took a big swing and merged with CIR to bring fearless investigative reporting to the internet, radio, video, and everywhere else that people need an antidote to lies and propaganda.

Donations have started slow, and we hope that explaining, level-headedly, why your support really is everything for our reporting will make a difference. Learn more in “Less Dreading, More Doing,” or in this 2:28 video about our merger (that literally just won an award), and please pitch in if you can right now.

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