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The top 0.1% of Americans control $20 trillion in wealth.
The bottom 50% control $3.7 trillion in wealth.
Read that back.
Folks, this is what oligarchy looks like.
@rbreich even being the 1% isn't enough anymore
@rbreich A greedarchy indeed.
@rbreich Welcome to capitalism, American style…
@rbreich The 99.9% have yet to #EatTheRich
Folks, this is what apathy looks like.
@rbreich You only included 2 data points which do not add up to 100%, and can you tell me in more specifics what the bottom 50% is classified just because of how vague it is in this context
@rbreich and the debt, we pay the debt with OUR taxes
@rbreich
And MAGAs are voting for it.
More of the same.
Id maybe say "only in America" but it's a disease everywhere now. How do we pull back from this? What has to happen to stop the oligarchs and the political cults that put them there?
"We have created and submitted to an incredibly horrific society where people are only as valuable as their accumulation of arbitrary tokens of wealth.
Instead of their humanity."
SearingTruth
@rbreich This is also what a broken system looks like. Can we fix it is the really big question.
If the rot runs too deep it cannot be fixed.
@rbreich So what you suggest - take the trillions from the rich and give it to the poor, or
may be is a good idea instead of poisoning the minds of the students with the rotted socialism ideas to teach them how the system works and how to be pro active and generate wealth.
@artamvaldis @rbreich In my world it's always healthy to review the current system (no matter what system it is) and try to come up with ways to improve it.
One way to do that is to raise questions about certain parts of a system.
The question raised here is:
When is the uneven distribution of wealth unhealthy for society?
Poison? Is it dangerous to reflect on the current system?