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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.” quote by Michael Hudson
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“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.”

Michael Hudson

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.

Key Takeaway

Address systemic inequality.

Themes

economics inequality politics

Mood

serious analytical

Type

economic political

When to use this quote

  • policy debates
  • academic research
  • activism

Key Concepts

wealth concentration class divide policy globalization

Questions to Reflect On

  • What policies could reduce wealth gaps?
  • Can true centrist views exist?
A Different Perspective

Solutions are politically contentious.

4.1 out of 5 (10 ratings)

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