Since the early 1980s, stocks have been increasingly owned by the wealthiest members of society. This has contributed to the rise in inequality in the United States. The wealthiest 1 percent of Americans held 42 percent of stocks in 2012, up from 28 percent in 1983, according to a study by the Economic Policy Institute […]
Who Owns Stocks Explaining Rise Inequality
The rise in income and wealth inequality in the United States over the past several decades is one of the most pressing issues facing the country. The richest 1 percent of Americans now control nearly 40 percent of the country’s wealth, while the bottom 90 percent control just 22 percent. There are many factors that […]
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