The combined wealth of Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, and Google’s Sergey Brin, and Larry Page is larger than the combined wealth of the bottom half of the American population.
They are the leaders of a second Gilded Age – ushered in by semiconductors, software and the internet – which has spawned a handful of hi-tech behemoths and crushed competition.
Facebook, Amazon, Google, Apple, and Microsoft now have the highest market values for all public corporations in America.
View the complete June 25 article by Robert Reich on the AlterNet website here.