Point One Percent

Senator Bernie Sanders is known for using the term ‘one tenth of one percent’ to refer to the class of Americans who had rigged the country’s system of government to ensure their wealth increased regardless of their behavior and regardless of what happened in the broader economy. In 2024 the wealthiest and most powerful among that class of Americans was transformed into thirteen dynastic families, or royal houses, through passage of corporate governance legislation that became known as The New Rule.