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Economic inequality cannot be explained by individual bad choices, study finds (phys.org)
submitted 3 years ago by to c/socialism@lemmy.ml
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[–] 0 points 3 years ago* (2 children)

Yes, but people get paid income in wages, so it is still relevant. That some of them turn income into appreciating assets, or wealth, is a separate issue.

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  • [–] 0 points 3 years ago (1 child)

    Sure, I'm not arguing against the graph or that it is relevant. Just a friendly (dystopian) reminder that the top 1% of income earners don't really rely on income. They make most of their money investing capital or company profits in ways where they can avoid paying income tax.

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