With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.

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[–] 2 points 11 months ago* (5 children)

The top 10% of the wealthiest own 93% of all stocks with the 1% owning 54%

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  • [–] 1 point 11 months ago (4 children)

    Those statistics are for volume of ownership and aren’t relevant to a discussion about wealth. I can own a handful of highly priced shares and be worth 1+ million while not holding a ton of shares.

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  • [–] 2 points 11 months ago (3 children)

    Your highly priced shares are highly priced because of the volume held by the 10%

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  • [–] -1 points 11 months ago (2 children)