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Inequality is an important topic to discuss, but unless I skimmed too quickly I haven't seen this factor addressed in the article or the comments here: I'm pre
by joshuahedlund 13y ago
Inequality is an important topic to discuss, but unless I skimmed too quickly I haven't seen this factor addressed in the article or the comments here:
I'm pretty sure that a significant number of poor people essentially have 0 assets or even debt, so if you own virtually anything you already "own" or "control" more "wealth" than millions or maybe even a billion-plus people.
It's the same thing when you see statistics about the Waltons having more wealth than the bottom third of America or whatever.. technically true, but also so do you and so do I.