Here’s a link to a fascinating story and analysis on the growth of wealth at the top. The number that jumped out for me was that in 1982, just over 15 percent of the 400 wealthiest Americans made their fortune in manufacturing. Today is is just a bit below 4 percent.
The article analyzes the changes in the tax code, and other government policy since the late 1970’s, and how it has altered wealth creation in America.