Top 1% controlled 50.3% of the financial assets while the bottom 90% only held 14.4%

[Howard_Roark]

In 2004, the top 1% controlled 50.3% of the financial assets while the bottom 90% only held 14.4% of the total US financial assets.

The most liberal liberals like Michael Moore, Warren Buffett ect are always talking about this kind of thing. There solution is to tax the rich and redistribute the income.

But as Ayn Rand showed in Atlas Shrugged, that makes everyone poorer and destroys the very people who carry everyone else on there back by giving them jobs and paying all the taxes.

The real solution is to have more people participate in the rewards of capitalism by starting businesses and investing.

[Stary Hickory]

How about stopping all the corporatism and the fascism in government? The FED and its buddies have been consolidating wealth at the top for a century now. It's tie for competition and the free market to take care of these clowns

[YumYum]

: "The real solution is to have more people participate in the rewards of capitalism by starting businesses and investing."

I agree, and the perfect example we should follow is communist China. They produce and save. They are proof that democracies are corrupt and fail, while a government that has appointed officials, rather than elected, is successful. China is proving that communism and capitalism work well together. I'd like to see AIPAC try and blackmail one of the Chinese government's officials. That's one group the Zionist can't fuck with.

[slothman]

Let's assume, hehe, you are correct.
Does that mean the rich people should have even more?
Or is this exactly the right amount of distribution?

P.S. It is probably not a dictomic question.