What Capitalism Begets
Capitalism, at its finest.
ThinkAbout It: The U.S. is Both the RichestCountry as Well as the Most Unequal
America is the richest country in all of history... with a whole lot of poor people.
America is the richest country in all of history. We have the largest economy and the largest number of millionaires and billionaires. At the same time, we lead the developed world in economic inequality. In 1965, CEOs received $20 for every dollar earned by the average worker. Today the gap is $354 to $1.
But wait. It gets better. Much better, as the article proves:
- We are among the leaders in child poverty.
- We lead the developed world in homelessness.
- We lead the world in student debt.
- We lead the world in prisoners.
Unfettered, open-market, low-regulation, screw the working-, middle- and lower classes.
This, folks, is not sustainable.
