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http://policy-practice.oxfam.org.uk/publications/wealth-having-it-all-and-wanting-more-338125 http://policy-practice.oxfam.org.uk/publications/wealth-havi...
by pcmaffey 11y ago
http://policy-practice.oxfam.org.uk/publications/wealth-having-it-all-and-wanting-more-338125 http://policy-practice.oxfam.org.uk/publications/wealth-havi...
- golergka 11y agoThanks. However, I found that original source for the wealth distribution figures, the Credit Suisse Global Wealth Report, to be a much more interesting read: https://publications.credit-suisse.com/tasks/render/file/?fileID=F2425415-DCA7-80B8-EAD989AF9341D47E https://publications.credit-suisse.com/tasks/render/file/?fi...
- bzbarsky 11y agoNote that this is global wealth, whereas golergka's link is about the US specifically. Turns out, the world in general has a lot more poor people (both absolute, and as a fraction of the population) than the US does, so globally more wealth is concentrated in a smaller population fraction. I agree that for the world at large the wealth distribution is clearly not good. The good news is that it's been getting a lot better in the last few decades, largely due to India and especially China moving people out of poverty by the hundreds of millions. For the US specifically, things are less clear.