Source: CounterPunch
by David S D’Amato
“The corporate press has a new obsession, the so-called K-shaped economy. This metaphor is meant to describe a system in which one group of people, represented by the top, inclining line of the K, watches their fortunes rise as the other group’s fortunes fall. The idea is that Americans who are already doing well financially are doing better, while conditions worsen for those already struggling to make ends meet. The problem is that when we use this letter K shorthand, we lose almost all of the information that’s important to analyzing the broader problem, and we therefore help an extremely concentrated ruling class hide the truth of what has happened.” (06/05/26)
https://www.counterpunch.org/2026/06/05/the-myth-of-the-k-shaped-economy/