I found both these videos to be very mind blowing. I know that if five years back someone would have shown me the charts on the streets and asked me what I thought the distribution of wealth was I probably would have chosen the middle pie chart like most people did. 20% of the population own 84% of the nation’s wealth is mind blowing, but when I saw the second video and it said that 1% owns 40% of the nation’s wealth I almost stopped breathing! That’s completely insane! Who the heck needs that much money! The bottom 40% owns only 0.3%, that reality almost makes you want to cry. Its sad that people like Denise who has a college degree is losing her home while the filthy rich are buying their children a quarter of a million dollar play house.
I can respect what Warren Buffet said, to some extent the wealthy owe some of their good fortune to the rest of society. And he made a good point when he said that teachers and doctors are far more valuable than a ceo of a company. Most Americans don’t realize the extreme inequality and that’s probably because we view America as the land of opportunity. And we are not a third world country, and even those of us who do; feel helpless, and there is nothing we can do about it. If Marx were alive today he wouldn’t be surprised. the bourgeoisie continue to exploit the proletariat
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- Nicole Hala