• flyingSock@feddit.org
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    6 days ago

    Bottom chart is missing compound interest. This makes the birth lottery so unbalanced in the first place.

    The focus on the hyperrich forgets that there is also inequality between someone who owns a house/has some hundreds k€ invested and the rest of the population. Which will then get compounded in the next generation.

    Finally, I do not think it is even close to half/half. In order to be in the position to exploit the working class you more than likely where born rich first.