November 01, 2011
The Sliding 1% of Corporate America
Today, The Economist noted that in 2000, the top 1%, by market capitalization, of listed companies in America accounted for 53% of the market value. In 2010, the top 1% accounted for 40% of the market value. In this case, the top 1% have actually lost quite a bit of their grip.
It makes for a less exciting “Occupy” sign though. The original article found on the excellent blog:
