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| Topic | 82 percent of all wealth generated in 2017 went to the 1 percent |
| FLUFFYGERM 01/25/18 1:21:41 PM #5: | And yet there are more new millionaires than ever before. https://www.cnbc.com/2017/03/24/a-record-number-of-americans-are-now-millionaires-new-study-shows.html The total amount of wealth increases each year. So while 82 percent went to the richest people and corporations, an 18% that is bigger each year can go to the rest. The beauty of economics is that new wealth can be created all the time, so there is no reason to think that it is a zero sum game. --- but Marxist theory is extremely consistent, both internally and with reality. -averagejeol ... Copied to Clipboard! |
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