Must Read: Ari Berman from tomdispatch: it's not 1% -- it's .000063%

See this (cross-posted to Huffpo).

We have to face the fact, now, that we are living in the most inegalitarian oligarchy in the history of the human race. That's not the same thing as saying it's the worst government, which it clearly isn't, but the fact that the smallest elite with the most unequal wealth and power now runs this country, compared to any other political entity that has ever existed, is just that, a fact. And in my view, it is a contradiction that we simply cannot live with and must change.

(See this, if you doubt this statement).