I'm really not sure where you are headed when you ask if the 1% works in reverse as well. Do you mean that you believe the reverse would be that 99% of Americans change the economic class they are born in?

I don't believe you have a grasp on what the problem is on Wall Street nor what an actual free market is. If you want to know more about how great truly unregulated capitalism is, you should study a little more American history from about 1870-1910. I sure do miss the good ole days when a company could hire goons to beat striking workers with clubs, or when they could bribe the police to shoot them.