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pampango

(24,692 posts)

6. The spread of wealth in the world geographically is a good thing. Its concentration in the 1% is not

Reply to rhett o rick (Reply #5)

Sun May 11, 2014, 09:05 AM

May 2014

I think most of us do not want to see a return to the 1950's when the US was essentially the only prosperous country in the world.

Europe and Asia were recovering from the war. Global wealth was concentrated then in the 5% of the world's population that were Americans.

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How to Shrink Inequality - Robert Reich/TheNation [View all] WillyT May 2014 OP

Kick!!! senseandsensibility May 2014 #1

And apparently Pres Obama doesnt see that anything special should be done. nm rhett o rick May 2014 #2

He's Gonna Be Cashing In In 2017... WillyT May 2014 #3

Sure he does. Yet ProSense May 2014 #8

I liked this optimistic ending to Robert Reich's article. JDPriestly May 2014 #4

What I see as a possible problem with that hope is that in the past the rhett o rick May 2014 #5

The spread of wealth in the world geographically is a good thing. Its concentration in the 1% is not pampango May 2014 #6

What's clearly happening is that the wealth is being concentrated in the 0.1% world wide rhett o rick May 2014 #7

Kick nt Agony May 2014 #9

k and r nashville_brook May 2014 #10

Do ya want to call it a "war" yet? It may be the only war that is worth fighting. L0oniX May 2014 #11