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THE NEW AMERICA: 3 Million Overlords, 300 Million Serfs [View all]
One of the most disturbing trends in this country is the rise of extreme wealth and income inequality.
As the following charts show, America is rapidly becoming a country of a few million overlords and 300 million serfs.
Unfortunately, this issue has been politicized, which means that people don't think about the implications of it — they just start yelling.
But extreme inequality is bad for everyone, even the overlords.
Why?
Because when inequality gets bad enough, serfs can't afford to buy products from overlords. This hurts the overlords' ability to get even richer. ........................(more)
The complete piece is at: http://www.businessinsider.com/wealth-and-income-inequality-in-america-2013-4#ixzz2m8j388ji
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