Check out Thomas Piketty’s ‘Capital in the 21st Century’. Relevant part is that wealth distribution was at its most equitable from ~1945 to 1980, after which nearly all new wealth generated from increased production (i.e. computing/internet/tech/etc) was captured by the top 10% of earners, and within that 10% it’s crazy skewed towards the 0.000001%.
Check out Thomas Piketty’s ‘Capital in the 21st Century’. Relevant part is that wealth distribution was at its most equitable from ~1945 to 1980, after which nearly all new wealth generated from increased production (i.e. computing/internet/tech/etc) was captured by the top 10% of earners, and within that 10% it’s crazy skewed towards the 0.000001%.