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re: People still don't understand net worth/wealth vs income

Posted on 9/15/21 at 8:16 pm to
Posted by Big Scrub TX
Member since Dec 2013
33580 posts
Posted on 9/15/21 at 8:16 pm to
quote:

Not even close to what we have here, and you know it.
Inequality in Scandinavia is a good bit higher than you are acknowledging. They have a plutocrate class that controls like 70% of the wealth.

quote:


Your idea of capitalism raising standards for all classes does not apply to the American form of capitalism. Rich are getting richer, poor are getting poorer. It really is that simple.
I can agree that inequality is stark in this country. I cannot agree with your blithe assertion that the "poor are getting poorer". This is simply an absurd claim.
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