"If nothing changes in another 30 years, the top 1 percent will share 36-37 percent of income, and the bottom 50 percent will share 6 [percent]. That’s not a capitalist economy anymore, that’s a feudalist economy. This is just math. It’s very simple math."
— Billionaire Nick Hanauer explains how income inequality is bad for everyone, during an appearance on Bloomberg News. (via mediamattersforamerica)
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