The uncomfortable truth is that you and I are the 1 percent. If you earn more than $58,000 after tax, you’re in that top percentile of much-maligned fat-cats. If you earn at least $34,000—the typical income for many Americans—you’re in the richest 5 per cent of the world’s population. Even someone living at the US poverty line is still richer than 85 per cent of the people in the world, and 99 per cent of people who have ever lived.
