244
US wealth by wealth percentile group. 50% of households own 2.5% of the nation’s wealth.
(lemmy.world)
Source: Federal Reserve
this post was submitted on 23 Aug 2025
244 points (99.2% liked)
Mildly Interesting
22387 readers
473 users here now
This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.
This is obviously an objective criteria, so the mods are always right. Or maybe mildly right? Ahh.. what do we know?
Just post some stuff and don't spam.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The weirdly comforting thing here is that more than half of the wealth is still in the bottom 99%. That means the masses still have economic power. The problem, of course, is that they cannot deploy it with the same coordination as the smaller group.
I don't think it's comforting at all.
If you remove the top 1%, the remaining wealth is concentrated in the top 10%. This group of people is highly invested in the status quo; their wealth and power is usually used to prop up the current system.
These people are reffered to by many names: petit bourgeoisie, professional managerial class, small business tyrants, etc.
don't forget oligarchs