Comment by r14c
7 hours ago
Wealth inequality. We could all take massive raises and work way less if we didn't structure the economy specifically to benefit the richest 2k people in the country.
7 hours ago
Wealth inequality. We could all take massive raises and work way less if we didn't structure the economy specifically to benefit the richest 2k people in the country.
Has anyone done the calculation, adding up the wealth of the richest and determining the difference it would make in the lives of everyone else? Is it $100/year? $1000/year? $10,000/year? $100,000/year? $1,000,000/year? $10,000,000/year? (or whatever currency you'd like to see the results in.) I would guess it's in the tens of thousands per year. It's an imperfect calculation since investments have benefits to society (sometimes) and you can't convert all wealth to cash without destroying some value. But it would be interesting to know the ballpark effect on non-rich individuals.