Comment on CEO pay is rising faster than it has in a decade — and 3 times as fast as worker wages

• xep@fedia.io ⁨2⁩ ⁨weeks⁩ ago

  Is it only 50%?

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  • sturlabragason@lemmy.world ⁨1⁩ ⁨week⁩ ago

    I wasn’t clear enough:

    Top 1% owns about 43% of global wealth, top 10% controls roughly 76% of global wealth, bottom 50% holds less than 2% of global wealth.

    wid.world ourworldindata.org/economic-inequality ourworldindata.org/the-history-of-global-economic… ourworldindata.org/…/wealth-share-richest-10-perc…

    Here is how I like to think of it: if your total assets are less than $10,000, you are much closer to being in the bottom 50% of the global wealth distribution than the top 1%. Our prosperity is stolen from us each and every day. Our miraculous achievements and discoveries consumed by a system that only cares about funneling the largest portion of that prosperity to a few.

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  • mjhelto@lemm.ee ⁨1⁩ ⁨week⁩ ago

    It sure does feel like more…

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