The last two decades of wealth data show that “inequality is a political choice, not an inevitability,” reinforcing the idea that wealth inequality is a feature of capitalism, not a bug.
wealth inequality
Dollar Stores Constitute Almost Half Of All New Retail Openings This Year
Economists say that dollar stores are expanding because of growing wealth inequality in the US and the hollowing out of the middle class.
If Bill Gates gave every person on Earth $10, he would still have $20 billion left over
The tech mogul’s net worth is estimated at over $96 billion. Gates was also the richest person in the world from 1995 until 2008 when he was surpassed by Amazon CEO Jeff Bezos.
Federal Reserve reveals top 10% of US households own 70% of wealth, bottom 50% own only 1%
The data which cover the years 1989 through 2018 reveal a consistent trend of widening wealth inequality.
Economic Left 