Massive Wealth Inequality Exists In Every Demographic Group
peoplespolicyproject.substack.com
Click here to read post. In this piece, I show that every age, education, and racial group tends to have the same level of wealth inequality. No matter how you slice it, "the top 10 percent tends to own around 70 percent of the wealth. The next 10 percent tends to own around 10 to 15 percent of the wealth. And everyone else in a particular group owns a relatively negligible share of the wealth, with the bottom 40 percent typically owning nothing on average."
Massive Wealth Inequality Exists In Every Demographic Group
Massive Wealth Inequality Exists In Every…
Massive Wealth Inequality Exists In Every Demographic Group
Click here to read post. In this piece, I show that every age, education, and racial group tends to have the same level of wealth inequality. No matter how you slice it, "the top 10 percent tends to own around 70 percent of the wealth. The next 10 percent tends to own around 10 to 15 percent of the wealth. And everyone else in a particular group owns a relatively negligible share of the wealth, with the bottom 40 percent typically owning nothing on average."