World’s richest 1% own more wealth than the whole of the rest of humanity. The three richest Americans have the same amount of wealth as the poorest half of the U.S. population. And 82% of the global wealth generated last year went to just 1% of the world’s population.
Source: Vast majority of new wealth last year went to top 1%
So we are saying that the three richest Americans worth could double the worth of the bottom half of America? That is mind blowing to think about. What does a man and or woman need so much wealth for?
We definitely are in different ballparks when it comes to money….Like the sandlot behind the junkyard, compared to a stadium in a big city…
This same thing is happening in Russia, China and or literally all over the world. So it does not matter what country, it is a world issue. But we people need to think about the gross distances in class situations…
The three richest Americans have the same amount of wealth as the poorest half of the U.S. population.
Something seems wrong with accepting such a situation/statement and we Americans talk about the class system in India as if it is terrible. What about our own class system? Just as terrible and just as easy to spot…
I find capitalism repugnant. It is filthy, it is gross, it is alienating… because it causes war, hypocrisy and competition. – Fidel Castro
Say what you want and hate all you want and call everyone commie fags who disagree with you. Fidel hit it on the nail head, except I would include almost all forms of governments that we have on earth in this statement. Therefore, with that said, Capitalism is the King of instigation, agendas and death!
If you just open your eyes….but that would hurt. Huh?
WtR