The proportion of all wealth now controlled by financial capital compared to the "real economy" is far greater than at the end of the 19ᵗʰ century.

Question

Quizplus · Accepted Answer

This is true. The concentration of wealth in financial capital has increased significantly since the end of the 19th century, with banking and finance sectors controlling a larger share of national income and wealth. This trend has been particularly prominent in the United States since the 1970s.

The Proportion of All Wealth Now Controlled by Financial Capital