In the United States, many people are dismayed that those who already have it all are acquiring even more assets and wealth, largely at the opportunity expense of those who own hardly anything. It would be one thing if the number of superrich relative to the impoverished were at some reasonable percentage, so there weren’t so many superrich compared with those many who are nearly completely indigent; but that's not the case at all. Indeed, we read at federalreserve.org that in the 1st quarter of 2026, those in the top 0.1% of wealth had an incredible $25.07 trillion, and the bottom 50% of Americans in total were worth a mere $4.27 trillion. This type of financial domination, in which such a small percentage of Americans lord it over 50% of Americans, doesn’t seem right, but that is the way that it is.
Indeed, for a large percentage of Americans, the income that they receive comes solely from their labor, which is typically augmented via governmental or other charitable handouts. This signifies that the poorest amongst us pretty much have little or no capital. On the other hand, those at the very top of wealth, though they may well labor, have essentially a significant portion of the money that they have via inheritances, dividends, monetary interest, real estate, equities, and pretty much anything that represents capital that they own and thereby invest with. This would seem to strongly indicate that those with capital have far more wealth and far more power than those who simply labor. Further to the point, what has got to be seen as distressing is the fact that capital is clearly lording it over labor, which is demonstrated by the fact that labor unions in America are in a steep decline, and without strong unions, the percentage of national income going to capital will continue on the same present trajectory, which is ever more to capital.
In a country that truly cared about its people, it would be governmental policy to try to even the tables between capital and labor by taxing labor far less in every aspect, especially for those that make modest wages, and to tax more those that have a lot of capital. Additionally, it would behoove that nation to see that, by definition, every American who labors would earn a living wage. That should be national policy, but instead of that, we have a government that seems to be nearly completely captured by capital, which is why this, the richest nation that the world has ever known, has such a high percentage of its population that not only struggles paycheck to paycheck, but has no true security for its present or its future.
This then seems to say that there is a perpetual battle between labor and capital, and this government has thrown in its hat with capital, which is why the wealth and income distribution in this nation is getting ever more extreme, which isn’t good for democracy, it isn’t good for the bulk of Americans, and it clearly doesn’t represent a government of, for, and by the people, nor is that government promoting the general welfare of those people.