• brendansimms@lemmy.world
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    5 days ago

    Its worth making the distinction between the ‘rich’ and the ‘super-rich’. The top 10% (in terms of wealth) own 70% of all US wealth, but then the top 1% owns half of that! So, relatively speaking, the ‘rich’ are poor compared to the ‘super-rich’. No one makes it to that 1% without exploiting fellow human beings. Numbers source: Capital in the 21st Century - Thomas Piketty.