Of Ilaria Bifarini (Bocconiana redeemed)
There are graphs that are worth more than a thousand explanations. This is what happens to the redistribution of wealth with the end of Keynesianism (1973) and the definitive affirmation of neoliberal policies in the USA, inaugurated for all purposes of the administration Reagan, icon of neoliberalism together with her British "sister" Margaret Thatcher.
The graph shows how, with the application of the new economic model, which completely replaces the previous one, the growth rate of the wealth of 90% of the country is gradually decreasing in an increasingly significant manner, in the face of a mirror enrichment by a restricted group 0,1% of the American population.
After the Reaganomix, the administrations Bush, junior e senior, Clinton e Obama (which also will not distance itself from the elitist model of neoliberalism) they will only accentuate this trend.
The economic model implemented in the USA, than with the presidency Trump is facing a strong backlash, it is the same as applied in Europe and imposed on an almost universal scale. It is not possible to deal with the income redistribution and the socio-economic inequality of states without calling into question the dogmas of neoliberalism.
Source: http://ilariabifarini.com/usa-il-neoliberismo-fa-crescere-lelite/