2020 INEQUALITY Bernie’s Right: Three Billionaires Really Do Have More Wealth Than Half of America

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As cited by US Senator Bernie Sanders in a 2020 speech:

The wealthiest 3 billionaires in the U.S. – Jeff Bezos, Bill Gates and Warren Buffett — now have as much wealth as the bottom half of the U.S. population combined.

These extreme levels of wealth inequality are possible, in part, because the bottom fifth of U.S. households are underwater, with zero or negative net worth. And the next fifth has so few assets to fall back on that they live in fear of destitution.

Also, top 1% of income earners in the US now hold more than 30% of all wealth in the US -- 2021.

Qns:

1. To what extent should income equality be a goal in your society? (Cam. 2019)

2. In your society, how far is equality for all a reality? (Cam. 2012)