Christine Bork – Huffington Post – Thursday, 12 January 2012 (originally published 10 Jan)
From the 11th floor of our offices in downtown Chicago, I could hear the Occupy Chicago protestors chanting, “We are the 99 percent,” as they marched down LaSalle Street to City Hall last November.
They’ve been “occupying” Chicago for over three months as part of an international protest movement against social and economic inequality. Many women and minorities know the effects of economic injustice all too well, but they didn’t start the Occupy campaign.
The motto of the movement — “we are the 99 percent” — is a reference to a study by Joseph Stiglitz, a Nobel Prize-winning economist, which revealed that the richest 1 percent of Americans are controlling 40 percent of U.S. wealth. But who are the 1 percent? We know not many are people of color. Last month, Gallup found 78 percent of the top 1 percent to be white. And while no analysis could be found showing the percentage of women in the top income bracket, a breakdown by occupation indicates it’s not a female-friendly field. Professionals in non-financial executive and managerial positions accounted for 31 percent of the top 1 percent, followed by 16 percent in the medical field, 14 percent in financial professions and 8 percent in law — most of these are historically male-dominated fields . . .