The 1% will soon own more than the bottom 50%, eh? We're all totally doomed.

I think by this point, most people understand the idea that institutionalized wealth is pretty much everything, and the people that have it ultimately strive to protect it, and often they do a pretty good job of doing so. New data is always coming out that's utterly damning in this regard, such as this Oxfam report that, soon, the 1% will hold as much o…