[MCN] The state of the economy : polarized

Wed Oct 5 16:21:13 EDT 2022

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half of the world's net wealth belongs to the top 1%, top 10% of adults hold 85%, while the bottom 90% hold the remaining 15% of the world's total wealth, top 30% of adults hold 97% of the total wealth.

 <https://en.wikipedia.org/wiki/Distribution_of_wealth#:~:text=half%20of%20the%20world's%20net,97%25%20of%20the%20total%20wealth.>
Distribution of wealth - Wikipedia <https://en.wikipedia.org/wiki/Distribution_of_wealth#:~:text=half%20of%20the%20world's%20net,97%25%20of%20the%20total%20wealth.>
https://en.wikipedia.org › wiki › Distribution_of_wealth <https://en.wikipedia.org/wiki/Distribution_of_wealth#:~:text=half%20of%20the%20world's%20net,97%25%20of%20the%20total%20wealth.>

 <https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/>
Trends in U.S. income and wealth inequality <https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/>
https://www.pewresearch.org › 2020/01/09 › trends-in-i... <https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/>
Jan 9, 2020 — From 1983 to 2016, the share of aggregate wealth going to upper-income families increased from 60% to 79%. Meanwhile, the share held by middle- ...

‎Household incomes are... <https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/#household-incomes-are-growing-again-after-a-lengthy-period-of-stagnation> · ‎Upper-income households... <https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/#upper-income-households-have-seen-more-rapid-growth-in-income-in-recent-decades> · ‎The wealth of American... <https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/#the-wealth-of-american-families-is-currently-no-higher-than-its-level-two-decades-ago>

 <https://equitablegrowth.org/the-distribution-of-wealth-in-the-united-states-and-implications-for-a-net-worth-tax/>
The distribution of wealth in the United States and implications ... <https://equitablegrowth.org/the-distribution-of-wealth-in-the-united-states-and-implications-for-a-net-worth-tax/>
https://equitablegrowth.org › the-distribution-of-wealth-... <https://equitablegrowth.org/the-distribution-of-wealth-in-the-united-states-and-implications-for-a-net-worth-tax/>
Mar 21, 2019 — Wealth is distributed in a highly unequal fashion, with the wealthiest 1 percent of families in the United States holding about 40 percent of ..

 <https://inequality.org/facts/global-inequality/>
Global Inequality <https://inequality.org/facts/global-inequality/>
https://inequality.org › Facts <https://inequality.org/facts/global-inequality/>
Individuals owning over $100,000 in assets make up 12.2 percent of the global population but own 84.9 percent of global wealth. Credit Suisse defines “wealth” ...

 <https://fs.blog/history-concentration-of-wealth/>
What History Teaches us about The Concentration of Wealth <https://fs.blog/history-concentration-of-wealth/>
https://fs.blog › Explore Farnam Street Articles <https://fs.blog/history-concentration-of-wealth/>
We conclude that the concentration of wealth is natural and inevitable, and is periodically alleviated by violent or peaceable partial redistribution. In this ...

 <https://www.wider.unu.edu/publication/global-distribution-household-wealth>
The Global Distribution of Household Wealth - UNU-WIDER <https://www.wider.unu.edu/publication/global-distribution-household-wealth>
https://www.wider.unu.edu › publication › global-distri... <https://www.wider.unu.edu/publication/global-distribution-household-wealth>
 While the richest 10% of adults in the world own 85% of global household wealth, the bottom half collectively owns barely 1%. Even more strikingly, the ...

 <https://www.visualcapitalist.com/distribution-of-global-wealth-chart/>
This Simple Chart Reveals the Distribution Of Global Wealth <https://www.visualcapitalist.com/distribution-of-global-wealth-chart/>
https://www.visualcapitalist.com › distribution-of-global... <https://www.visualcapitalist.com/distribution-of-global-wealth-chart/>
Sep 20, 2021 — How is Global Wealth Distributed? ... While individuals worth more than $1 million constitute just 1.1% of the world's population, they hold 45.8% ...

 <https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality>
A Guide to Statistics on Historical Trends in Income Inequality <https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality>
https://www.cbpp.org › research › poverty-and-inequality <https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality>
by BC Stone · Cited by 269 — Wealth — the value of a household's property and financial assets, minus the value of its debts — is much more highly concentrated than income.

 <https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/>
Table: Distribution of Household Wealth in the U.S. since 1989 <https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/>
https://www.federalreserve.gov › dfa › distribute › table <https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/>
Sep 23, 2022 — The Federal Reserve Board of Governors in Washington DC.

 <https://knowledge4policy.ec.europa.eu/foresight/topic/diversifying-inequalities/rich-poor-gap_en>
Wealth concentration - Knowledge for policy - European Union <https://knowledge4policy.ec.europa.eu/foresight/topic/diversifying-inequalities/rich-poor-gap_en>
https://knowledge4policy.ec.europa.eu › foresight › topic <https://knowledge4policy.ec.europa.eu/foresight/topic/diversifying-inequalities/rich-poor-gap_en>
While inequality in education and health is in decline, income inequality is on the rise; 70% of the world's population lives in countries where disparities ...

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