How Unequal We Are: The Top 5 Facts You Should Know About The Wealthiest One Percent Of Americans

fuckyeahfeminists:

1. The Top 1 Percent Of Americans Owns 40 Percent Of The Nation’s Wealth: As Nobel Laureate Joseph Stiglitz points out, the richest 1 percent of Americans now own 40 percent of the nation’s wealth. Sociologist William Domhoff illustrates this wealth disparity using 2007 figures where the top 1 percent owned 42 percent of the country’s financial wealth (total net worth minus the value of one’s home). How much does the bottom 80 percent own? Only 7 percent:

As Stiglitz notes, this disparity is much worse than it was in the past, as just 25 years ago the top 1 percent owned 33 percent of national wealth.

my feelings: wtf! >:|||

If you click the link, you’ll see chart explanations. I LOOOVEEE CHARTS!

• 3 months ago

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    If you click the link, you’ll see chart explanations. I LOOOVEEE CHARTS!

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