Writing for the outlet, Andrew Lisa explained that Americans hold a combined $160.35 trillion in wealth. To the average person, that sounds like quite the payday, but someone in the top 1% probably wouldn’t see it that way. According to Lisa, “The bottom 50% of the country shares less than 3% of that enormous pie, while the most fortunate 10% gorge on nearly all of it.”

There are approximately 340.11 million people in the U.S. If they all shared that $160.35 trillion, each person would come away with $471,465. Not only is that more than the average person could even imagine, but it only compounds when you consider how it would add up for families. For example, a couple would hold a combined $942,930, and a family of four would have $1.89 million. Because, of course, in an ideal world, wealth would be distributed evenly regardless of age.

  • Akasazh@feddit.nl
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    4 days ago

    It’s in factories, equipment, structures, land, intellectual property, team cohesion, national reserves, loans to foreign countries

    That’s called ‘capital’ and ‘the means of production’. A guy once wrote a very informative book about that.

    • milicent_bystandr@lemm.ee
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      4 days ago

      Ah, probably another dull, academic book no one read. No real influence on the world. Bottom marks. En’ gels find it boring too.