Half of Americans have less than $500 in savings, according to recent estimates. Meanwhile, the combined wealth of the three richest men in the world is roughly $740B. Our problem isn’t an issue of resources. Our problem is ever-expanding wealth inequality. - ThreadSky

inequalitymedia.bsky.social • 11 hours ago

Half of Americans have less than $500 in savings, according to recent estimates.

Meanwhile, the combined wealth of the three richest men in the world is roughly $740B.

Our problem isn’t an issue of resources.

Our problem is ever-expanding wealth inequality.

Comments

jenmovies.bsky.social•9 hours ago

Take their $ and redistribute it. That's what people used to do when greedy oppressors' money was kept as cash, goods and precious metals/gems. We need to take it. We just need global governments to help now that it's all digital.

embodeee.bsky.social•8 hours ago

I have no savings and a mound of student debt.

commiemommya7.bsky.social•11 hours ago

There is no financial literacy or planning that can help with this. Income inequality this severe is institutional.

hoping4betterdays.bsky.social•11 hours ago

Yes. Every raise against inflation is a step back. We can’t keep up with the oligarchs.

statarius.bsky.social•9 hours ago

The wealthy STOLE almost ALL of OUR productivity increases.

statarius.bsky.social•1 hour ago

… for at least 40 years.

wosos.bsky.social•11 hours ago

Start by voting for representatives whose policy platform includes increasing taxes on the super wealthy and not increasing taxes on the lower to middle income working classes.

eboldy.bsky.social•10 hours ago

they can campaign on any policy platform they’d like but it doesn’t do any good if these things aren’t actually implemented

cassievulpine.bsky.social•10 hours ago

Voting got us where we are now.

edmhorse.bsky.social•10 hours ago

Those same politicians that promise to tax the wealthy often give out the most tax breaks and bail outs to the very same wealthy.

katabasis.bsky.social•11 hours ago

Voting will not solve this

edmhorse.bsky.social•10 hours ago

Well that and a system that serves to maximize benefits to the richest in our society. Which given enough scams, under the table deals, rug pulls, lobbying, private interest concerns are more likely to finance than public infrastructure. Don't hate the player hate the game.

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