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How can someone technical write a whole essay without a single number? >If the rich people in a society got that way by taking wealth from the poor, then you h
by buzzkillington 7y ago
How can someone technical write a whole essay without a single number?
>If the rich people in a society got that way by taking wealth from the poor, then you have the degenerate case of economic inequality, where the cause of poverty is the same as the cause of wealth.
He could have saved himself the time it took him to write that article by just looking at the wiki page: https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States https://en.wikipedia.org/wiki/Wealth_inequality_in_the_Unite...
In summary the bottom 50% of Americans have lost all their wealth since 1989 and then gone into debt to the tune of 25% of their former wealth.
So in short Paul, yes, we are in the degenerate case and a round of guillotining is in order.
- anonsivalley652 7y agoThere's an infographic video on Youtube that describes and compares: - what people think the economic distribution is (extreme power law) - what people think a fair economic distribution would be (somewhat somewhat smooth but increasing) - what it actual is (absurd hockey-stick, power law)