We are the 99%

"We are the 99%" poster referencing the Polish Solidarity movement
Occupy Wall Street poster, September 2011
Protesters with the "99%" T-shirts at Occupy Wall Street on November 17, 2011 near the New York City Hall

We are the 99% is a political slogan widely used and coined during the 2011 Occupy movement. The phrase directly refers to the income and wealth inequality in the United States, with a concentration of wealth among the top-earning 1%. It reflects the understanding that "the 99%" are paying the price for the mistakes of a tiny minority within the upper class.

According to the Economic Policy Institute, as of 2019, the average wage of the top 1% was $758,434.[1] However, the 1% is not necessarily a reference to top 1% of wage earners, but a reference to the top 1% of individuals by net worth, whose earned wages are only a fraction of their total sources of wealth.[2]

  1. ^ "Data Library". Economic Policy Institute. Retrieved 2021-10-25.
  2. ^ "Who exactly are the 1%?". The Economist. January 21, 2012. ISSN 0013-0613. Retrieved September 17, 2019.

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