Menerva Lindsen
Active Member
- Dec 18, 2014
- 231
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So I've noticed that people have varying opinions on when it makes sense for society to do something about income inequality.
Some people seem to not care at all about how large the difference is between the haves and the have nots.
Right now in the US, we live in an incredibly unequal society, with financial gods pulling in as much resources as small cities filled with normal workers, while most people make under 50k per year. The Waltons, the family of four that owns Walmart, currently own more wealth than the bottom 40 percent of Americans (around 80 million people).
Are you okay with this level of income inequality? Do you think we're living in a just, Democratic society with this kind of wealth inbalance? Is Democracy even possible when so few people hold so much power? What if it were worse? What if say, the top 50 most wealthy Americans all individually earned more than than the bottom 90 percent of the US population? At what point does income inequality become indicative of a problem with society? At what point, if ever, do we start to consider doing something about it?
Some people seem to not care at all about how large the difference is between the haves and the have nots.
Right now in the US, we live in an incredibly unequal society, with financial gods pulling in as much resources as small cities filled with normal workers, while most people make under 50k per year. The Waltons, the family of four that owns Walmart, currently own more wealth than the bottom 40 percent of Americans (around 80 million people).
Are you okay with this level of income inequality? Do you think we're living in a just, Democratic society with this kind of wealth inbalance? Is Democracy even possible when so few people hold so much power? What if it were worse? What if say, the top 50 most wealthy Americans all individually earned more than than the bottom 90 percent of the US population? At what point does income inequality become indicative of a problem with society? At what point, if ever, do we start to consider doing something about it?