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No I think you are wrong to want to include those metrics. You are including people who are probably in the bottom 80%. And they may be fine in the long run.
by adaml_623 12y ago
No I think you are wrong to want to include those metrics.
You are including people who are probably in the bottom 80%. And they may be fine in the long run. Certainly a large mortgage is not a terrible thing if you can pay for it. And they may make it to CEO but statistically they won't.
This article is about the top 0.1% and the fact that the slice of the pie owned by the 0.1% is increasing faster than the size of the pie. People aren't unhappy with other being wealthy (on average) but a system that means the gap is widening implies that something in the system needs to change.
Sorry to be negative but I think it's important to focus on the problem raised by the article.
- mooreds 12y agoIt is worth noting that this trend is actually more common in history then what we consider normal (a large middle class, moderate income inequality). See Piketty's 'Capital in the 21st Century' for a comprehensive look at wealth ownership over time.