The notion that the rich keep getting richer has gained new gravitas, thanks to a recent peer-reviewed publication. The study shows that wealth accumulation, if left unchecked, “can lead to unlimited concentration of wealth, such that the percentage of all wealth owned by a few entrepreneur eventually approaches 100%.”
In the US, the wealthy have been growing wealthier while the rest of the population has not. This trend has been happening for over 40 years, as per this diagram (click for a bigger version):
The wider the income gap grows, the greater the risk of democracy being comprimised. If left unchecked, a handful of people and entities might completely take over as the United States succumbs to tyranny.
But it’s not too late. If middle class Americans rise up soon and reclaim their lost voice, which they seem poised to do, then their economic system will not run away on them.
The clock is ticking, and what comes of it will impact the entire planet. Come on, people of America! Show the world what humans are capable of!
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Tags: america, distribution, income, justice, plutocracy, revolution, rich, wealth, wealthy