- cross-posted to:
- workreform@lemmy.world
- cross-posted to:
- workreform@lemmy.world
For those who don’t feel like reading an article it is about India.
It’s about 30% of all wealth controlled by the 1% in America but it’s 67% of all wealth controlled by the top 10%
The bottom 50% control 2.5% of the wealth
All my math was done personally using statistics from the fed
Americans: “Only 40%? Those are rookie numbers…”
Well, as long as our robot overlords agree, who am I to argue.
If I’m remembering right, that 20-30% is a match for past survey results where ordinary people were asked what they thought the distribution actually was, not what they thought it should be. I hope it’s not anybody’s “guideline,” lol.
*edit__
I should clarify I’m pretty sure they were asked what it should be and it was definitely more egalitarian than what they thought it actually was.
And I got asked in Reddit “what is wrong with billionaires?” then they don’t like to be called NPCs.