Something is very rotten in the heart of the American Dream. In 2025, when the total net worth of the 10 richest Americans is $1.774 trillion, the working class of the largest metropolis in the U.S. faces the consequences of capitalist barbarism.
A new report by a research group at Columbia University and Robin Hood, an anti-poverty group, reveals a brutal reality: One in four New Yorkers lives in extreme poverty. This means that the city's poverty rate is nearly double the national average.
