Henry Demarest Lloyd’s 1894 Wealth Against Commonwealth made the case that liberty produces wealth, and wealth destroys liberty. The question 132 years later is whether equity against the one percent can still be won inside a system they pay to keep tilted. Equity against the one percent describes parity of political voice, of legal protection, of access to courts and schools and air and water and a livable wage, with no implication that fortunes themselves must be equal. The republic was built on that equality of standing, however imperfectly executed and however brutally suspended along racial and gender lines. The wealth concentration of the past forty years has retired the idea entirely.

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