Wealth Inequality in America Tour a $17.75 Million NYC Penthouse 1 day ago   06:24

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politizane
Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is.

References:
http://www.motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph
http://danariely.com/2010/09/30/wealth-inequality/
http://thinkprogress.org/economy/2011/10/03/334156/top-five-wealthiest-one-percent/
http://money.cnn.com/2012/04/19/news/economy/ceo-pay/index.htm

Comments 60764 Comments

Majestic IsMe
Isn’t this common knowledge? 😂
Andrew
If wealth was distributed equally each person would only get 136,000
Haichao Wang
Some times the difference between people is even much larger than that of people and dog, both intrinsically and extrinsically.
yannos papakias
5:45 Does the average employer's labour provide the same to the company as the ceo labour. How many years has he been to the company is he irreplaceable ??
Jay Bee
It's simple. Compounding interest means the top 1% will always do well.

Money isn't finite. Raw materials are finite. Gold is finite. Money can be made. Wealth can be made. 

When you are not spending it, you can invest it. That's when it starts compounding. That FULLY explains the chart.

This video is designed to strike fear into the hearts of the ignorant. The Rule of 72 is all you need to know. It will explain why this video is a fraud.
Jay Bee
I don't have a problem with wealth inequality. A fool and his money are soon parted.
The day his dogs shat on your front door
I literally shivered of emotional pain when I saw at the end up to where did the 1% stack went, to scale compared to the rest. The worst part is this data is now 10 years old. It's even worse now. We need that revolution now before we all live in debt camps.
The day his dogs shat on your front door
JUST STOP BEING POOR!
/s
Jacktheripper2000 pro gamer
The thing is capatalism is the ideal economy otherwise you have a dictatorship
Nathan Applegate
I know this looks very unfair, but that’s how money works. The problem in this video is that it preaches idealism. It is distributed to you by how much work you do, what kind of work you do, and by what investments you make. The top 1% you’re complaining about are there because they do many hours of high paying work and high return investments as well as investments into precious metals. That and they have good spending habits. Most wealthy individuals stick to 30 dollar suits from target. The poorest people are where they’re at because they’re doing low paying work apart time if none at all and no profitable investments. That and, they have poor spending habits. Most people you see wearing 300 dollar shoes and 500 dollar jeans are dirt poor.
Brian Parsons
This is literally the most ridiculous video ever made. Who in the hell gives anyone the right to decide how wealth is distributed? Nothing gives anyone the right to wealth just opportunity to get wealth. This is nothing more than socialist propaganda.
Jan Mes
Hey, pretty good video, but you kinda got socialism wrong. Socialism doesn't mean everyone gets the same amount of money, but it's when the workers own the means of production, and can thus decide who deserves more money, and who deserves less.


I myself am an anarcho-communist, and I think everyone should get basic stuff like a house, transportation, food, some basic things to not bore to death like a television and a radio. People who work hard and a lot (not smarter people, I don't think people deserve less because they were born less intelligent) deserve more of the fun stuff like a cool house, a nice vacation, a brand new phone, or a good computer.
Succ Master 56
How can we solve this... this horrid, disgusting chart? Socialism absolutely won’t work. The untied states has one extreme where the middle class hardly makes a dent And the other extreme is with Russia and its communistic practices. Maybe like a marry-men tax, or a higher luxury tax. Idk
Tarzan Ape King
Who the fuck cares if the next guy has a ton more money? Money doesn't make you happy. Get enough to live within your means and enjoy the free things. The best things in life are free. Certainly if you think you don't have enough money then for fuck sakes don't have KIDS!

BTW the top 1% also pay the majority of taxes
Greg Carlson
The rich get richer and the poor get richer.
Slowpoke
Over 15k dislikes.
Over 15k people need a floaty, 'cause they're all drowning in denial.
Country runner
EQUAL IS NOT FAIR AND FAIR IS NOT EQUAL. Diminishing wealth inequality would lead to a massive loss of innovation in our country and the standard of living would drop dramatically. Instead of making a video about wealth inequality here, how about you make a video about wealth inequality in Venezuela where there is more wealth in the top .1% than there is in the bottom 99.9%. Socialism makes EVERYONE poor, whereas capitalism makes everyone wealthy. This fact has been proven through regularity throughout the history of the world.
Florence Hates You
1% REPRESENT
Boxhead928
Just buy more money
Evan Jobe
No I don't believe that the CEO is working 380x harder but the American people, through capitalism have chosen that they value his service or product 380x more.
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Tour a $17.75 Million NYC Penthouse Wealth Inequality in America 1 day ago   03:14

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A 360-degree video tour through the last available penthouse at Herzog & de Meuron’s TriBeCa skyscraper, 56 Leonard, in downtown Manhattan, New York City.


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