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    • Introduction to the Summary of the Book
    • Who Caused the $79 Trillion Heist
    • What are the drivers of the $79 trillion heist?
    • Monopolization
    • Globalization
    • Decline in Unionization
    • Financialization
    • The Financial Sector
    • Financialization of Corporations
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    • Insecurity for the Bottom 90% over the Past Fifty Years
    • Other Problems with Capitalism
    • Conclusions
    • Addendum – Why Orthodox Economics Is Not Useful
    • Further Addenda
    • Table of Contents
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The Reality of Middle-class Life in America

January 28, 2026 Mark Orton 0

affordability is not the question…. It’s income stupid. This is a repost of an article by Ashley McNamara on LinkedIn. I recently ran the numbers […]

My Children Will Be Better Off Than Me – a series on American values

November 17, 2025 Mark Orton 0

A cherished part of our national culture has long been the belief that parents can improve their children’s future through better education, hard work, and […]

Insecurities for the Bottom 90% of the US Population – part 3 – Housing

February 19, 2025 theheist 0

This is part of the series on the insecurities produced by American capitalism for most Americans Housing Insecurity Housing is a basic human necessity. Questions […]

Insecurities for the Bottom 90% of the US Population – part 1

February 14, 2025 theheist 0

  We have written at some length about the flatlining of income growth for the bottom 90% of the population since 1980 and the transfer […]

What to do about the past 50 years of American life – policy suggestions

February 3, 2025 theheist 0

A reader of my recent post, “Bernie Sanders got much right about our current situation….” commented: “Thank you Mark for validating what we know to […]

Sources of Poverty in the US – Matthew Desmond article – Updated

March 16, 2023 theheist 0

Original posting – 3.6.2023 Matthew Desmond, author of Evicted: Poverty and Profit in the American City, has a new book Poverty, by America set to […]

My Year End Siege of Angers – the addendum

January 6, 2023 theheist 0

Here are two more angers: (an addendum to the 1.1.2023 post: My Year End Siege of Angers – the list) Guns:  “Eighteen percent of U.S. households […]

Tightrope – Americans reaching for hope by Kristof and WuDunn – book review

May 1, 2020 theheist 0

Tightrope provides a well-written description of the American crisis through personal stories and hard data. Unfortunately it falls flat in its call for action.

Recently Noted – “Across America, working-class people are dying of despair”

January 17, 2020 theheist 0

Essay explores the grim reality of life in one small corner of America within the broader landscape of the bottom 90%.

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The latest posts

  • James Talarico talks about 50 years of class warfare
  • Bran Muffins & Triscuits as a measure of income inequality over the past 50 years
  • Seven numbers that reveal the past fifty years of income and wealth inequality.
  • What is Neoliberalism?
  • The Reality of Middle-class Life in America

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