Economics
Wealth Inequality

Wealth Inequality in America

Burgess COMMENTARY

Peter Burgess

Wealth Inequality in America VIDEO: Capitalism 1.0 and the Concentration of Wealth: It’s Time for a New Normal – “CAP2″ By BRAD ZARNETT | Published: MARCH 6, 2013 6 This video will shock you! One of the flaws of Capitalism 1.0 is that the system has been hijacked to concentrate wealth. Perhaps you would argue that we need a system that rewards hard work, creativity and ingenuity – ABSOLUTELY but this is ridiculous. This type of wealth concentration is gutting the middle class, it does not reward millions of hard working people and this does not make for a thriving economy or society. Today In the US, the richest 1%…. take home 24% of the national income while in 1976 it was 9%. they own 50% of the county’s stocks, bonds and mutual funds while the bottom 50% own 0.5% The average employee in a company has to work 1 month to make what the CEO makes in 1 hour These ideas will be explored further in a White Paper in partnership with TSSS and Earthshine Solutions to be released in April 2013: “Capitalism 2.0: Strategies for the 21st Century Enterprise”. To be notified when the White Paper is released, please register below REGISTER NOW