Survey says: Economic Inequality: It’s Far Worse Than 'most' Americans Think

[Hotspring 44]

The article's header is titled: Economic Inequality: It’s Far Worse Than You Think

Here is a snippet of the article from Scientific American by Nicolas Fitz dated March 31 2015 that I heard about on the KPFA Radio program called Economic Update which was hosted by Dr. Richard Wolff on Friday April 17 2015:

The great divide between our beliefs, our ideals, and reality

The average American believes that the richest fifth own 59% of the wealth and that the bottom 40% own 9%. The reality is strikingly different. The top 20% of US households own more than 84% of the wealth, and the bottom 40% combine for a paltry 0.3%. The Walton family, for example, has more wealth than 42% of American families combined.

ABOUT THE AUTHOR(S)

Nick Fitz is graduate student at the National Core for Neuroethics at the University of British Columbia. He primarily studies social norms around technology, health, and illness. Follow Nick on Twitter @fitznich

The actual article is @:
https://www.scientificamerican.com/a...han-you-think/