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1 Percent Has Sapped $79T in Wealth From Bottom 90 Percent Since 1975 (www.rand.org)

submitted 3 days ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] DeepSpace9mm@lemmy.ml 0 points 3 days ago (1 children)

I wonder if it would cause political apathy in the us at least. It is comforting to think, problem solved, and ignore wealth inequality until the tension again sufficiently increases so as to be unnoticeable.

[–] DancingBear@midwest.social 5 points 3 days ago (1 children)

I think people see wealth inequality as the guy at the stoplight having a new car while my car is 3 years old.

I don’t think people understand what the term actually means.

[–] DeepSpace9mm@lemmy.ml -1 points 3 days ago (1 children)

As a math enjoyer, I'm saddened by your reminder that basic numeracy is not a given in the us. I let myself forget that for a while.

[–] DancingBear@midwest.social 3 points 3 days ago

I mean, to be fair, the level of wealth inequality is to the level of being several orders of magnitude beyond any numbers that anyone uses in daily life.

Politicians news reports on billions and trillions of dollars for this or that thing, but I don’t think most of us have a grasp.

I don’t even think the billionaires have a grasp, they just think they still need more.