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March 04, 2013 3:00 PM How Bad Is Wealth Inequality in America?

By Daniel Luzer

Really bad. Check out this video produced by Mashable. While many Americans apparently think the distribution of wealth in America is unjust (or dangerous), they don’t really appreciate just how bad it is.

Watch it all the way to the end.

Perhaps the most telling fact about wealth inequality in America is that it’s so bad that it’s really difficult to represent visually.

Part of the reason Americans don’t understand class might be because true inequity is so excessive that we might well characterize it as unfathomable.

That’s because one cannot show in any reasonable format, whether in print or on the web, both the wide distribution of people who have virtually no money, and the amount of money possessed by a very, very small portion of rich people.

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer
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Comments

  • theod on March 06, 2013 1:32 PM:

    There's a simpler reason for the unfathomability POV. People tend to hang out mostly with their peer group of class and income. If you don't know rich people, you don't have sense of their numbers (of any sort). You do, however, a a very finely tuned sense of your peers. That's why Mencken said this about the definition of a rich man: “Your brother-in-law who makes a dollar a year more than you do.”

  • Nathan Lee Bush on March 06, 2013 3:45 PM:

    What makes you think this was produced by Mashable? The fact that they featured it on their trending area?