Bottom Quote by Michael Hudson
“We're living in a world that's divided into two economies: the economy of the 1%, and the economy of the bottom 99%. I guess you could be more "centrist" and say the top 10% versus the bottom 90%. But there's definitely a stratification at work here.”
About This Quote
Source Book: Super Imperialism: The Economic Strategy of American Empire, 2003
Hudson describes a global split between the wealthy elite and the majority, emphasizing growing economic inequality.
In simple terms: World divided between rich and poor.
Address systemic inequality.
Themes
Mood
Type
When to use this quote
- policy debates
- academic research
- activism
Key Concepts
Questions to Reflect On
- What policies could reduce wealth gaps?
- Can true centrist views exist?
Solutions are politically contentious.