http://old.warisacrime.org/taxonomy/term/278/0 en http://old.warisacrime.org/content/has-time-come-democratization-economy <p>A <a href="http://www.ips-dc.org/billionaire-bonanza/">study</a> released at the beginning of December by the Institute for Policy Studies (IPS) reported that America’s 20 wealthiest individuals own more wealth than roughly half the American population combined—152 million people.&nbsp; The startling level of economic inequality in the United States &nbsp;is also highlighted by <em>Forbes</em>, which recently observed that the richest 400 Americans possess more wealth than 62 percent of the American public—192 million people.&nbsp; Furthermore, these studies apparently underestimate the concentration of wealth in the United States, for the use of offshore tax havens and legal trusts conceals trillions of dollars that the richest Americans have amassed for themselves and their families.</p> <p><a href="http://old.warisacrime.org/content/has-time-come-democratization-economy" target="_blank">read more</a></p> http://old.warisacrime.org/content/has-time-come-democratization-economy#comments class divisions economic inequality Economy wealth wealth distribution Mon, 21 Dec 2015 00:54:45 +0000 Lawrence Wittner 70315 at http://old.warisacrime.org