Not surprisingly, nearly 30 percent of workers today make a poverty-level wage. We don't hear that. Instead we read that half of all people own stock. The stark fact is, the 1 percent wealthiest own half of all stock. Their income doubled between 1997 and 1999, while many earners saw income decline.
Stockholders are the good guys.
They're supposed to win. Adapted from Marjorie Kelly's forthcoming book, The Divine Right of Capital, due out in October 2001 from Berrett-Koehler. Kelly is publisher of Business Ethics in Mineapolis.