BOOK REVIEW
Where should society draw the line on extreme wealth? A fresh account sets out the logic and suggests how to redress inequality.
BOOK REVIEW
Where should society draw the line on extreme wealth? A fresh account sets out the logic and suggests how to redress inequality.
The person making 100,000 is either living in LA/NY or financially lazy. The person making 30,000 doesn’t have room to manuever.
Clearly we should rebalance things so everyone has room to manuever. The US GDP evenly split among adults is ~138,000 dollars. Take a bit off the top to run the country and we’re left with about 106,000. It’s blindingly clear we’re grinding the working class to the bone for the benefit of the few. Not the country or the people.
And justifying it with, but that guy with a million dollars spends it all! Just doesn’t cut it. He doesn’t need it and he doesn’t need the things it buys.