The Redistribution of Wealth Image by elycefeliz sociology.ucsc.edu/whorulesamerica/power/wealth.html In the United States, wealth is highly concentrated in a relatively few hands. As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers). en.wikipedia.org/wiki/Wealth_in_the_United_States 999ideas/redistribution-of-wealth.html Theres nothing wrong with being wealthy, but how you get there matters. In a fair and free society getting rich does not cause anyones impoverishment. Historically, we have all benefited from an economy that rewards those who create the most value. . . . The danger of great wealth is that it buys great power, which can be used to take advantage of the poor and middle class. This is what has been happening more and more in recent years. Laws and regulations have been lobbied for and passed which allow the redistribution of wealth from the poor and middle class to the wealthy. #112 in a series for one photo a day for a year
Posted on: Thu, 20 Mar 2014 22:42:55 +0000
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