Tuesday, March 5, 2013
How The Distribution of Wealth In US Compares With What People Believe Or Desire
This video (via Manan Shukla) describes the distribution of wealth in the US. It compares the actual distribution with two other distributions. The real distribution is not even close to what the public believes, or what it thinks is the ideal distribution. Ignorance is bliss. The public has no idea how the distribution has changed since the 1980's. They are told that inequality is built into capitalism and that it serves a good purpose. That is true, but its hard to explain how the distribution of wealth has changed so much over a few decades in our country. The world is not that much different, but our politics, and our culture have changed dramatically. This is a story of two very different capitalist systems in the same country.
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