The American system is badly broken
5 hours ago
- #economic inequality
- #billionaire wealth
- #social justice
- The article highlights the growing economic divide in America, contrasting the extreme wealth of the billionaire class with the struggles of the majority.
- Elon Musk, Jeff Bezos, Mark Zuckerberg, and Larry Ellison are cited as examples of the ultra-rich, with their combined wealth exceeding $1.3 trillion.
- The top 1% now owns more wealth than the bottom 93%, living in luxury with private jets, mansions, and elite lifestyles.
- The majority of Americans face economic hardship, with stagnant wages, unaffordable healthcare, housing, and education, and inadequate retirement savings.
- The article calls for systemic change to address inequality, warning of the dangers of oligarchy and the need for democracy and justice.