Remarkable statistic, and it should lead to a serious worldwide look at the consequences of distributive injustice, and the exploitation of the majority of the world, directly for the function of global capitalism.
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So why would this make us proud? Shameful.
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@Blackstonebrian ...a rising tide lifts all yachts.#TrickleDown#SeaLevelRise -
And drowns all not in yachts...
End of conversation
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Transference of wealth. Wealth is increasingly concentrated in the hands of the few. “By far the biggest handover ever to the next generation is about to happen,” PWC and UBS noted in a 2016 report on billionaires. Wonder why they want to repeal estate tax.pic.twitter.com/2Bx1HQXCFI
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Take the sample from countries where the top 1% actually live. Including 3rd world countries doesn’t make sense.
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rich can help poor countries.
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