Forget the 1 percent versus the 99 percent. What people should be paying attention to is the rise of the global super-rich a class of plutocrats whose wealth places them in the top 0.1 percent, and is reshaping how income is distributed everywhere else. Most of the super-rich can be found in finance (hedge funds, private equity, investment banking), technology (start-ups and the Facebooks of the world), emerging markets, Russian oligarchs and those riding the growth surge in India and China. The result, especially in what might be considered the "Anglo-American" markets, is that income is being seriously redistributed from how it was in the 1950s and 1960s. Billionaires are seeing their share of income and wealth increasing hugely while the middle class is being hollowed out through wage stagnation and other factors. For those in financial services, it all points to what they already know: the big money is with the big money.
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