The thriving cronyism of the stock market: 81 percent of stock market wealth held in the hands by 10 percent of the population. Housing also being snatched from middle class families.

My Budget 360 reports:

Most Americans are confronting a system where the deck is stacked against their interests. Most Americans saw the true colors of the system during the Great Recession panic when government joined forces with Wall Street to essentially fire the middle class with explicit and hidden bailouts. There is unfortunately a large amount of cronyism embedded in the current system. Most Americans have very little in stock market wealth. Over 81 percent of stock wealth is held by the top 10 percent of the population. This is why for most, retirement is largely one pipe dream. Yet the problem of the bailouts was the split of corporate welfare for connected institutions and austerity measures for the rest of the country.

An article well worth your time. The rent-seeking society is not consistent when a free market , property rights, and contracts.