Comment on CEO pay is rising faster than it has in a decade — and 3 times as fast as worker wages
sturlabragason@lemmy.world 1 week agoI 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.