This is simply not true, read the other comments on how much wealth is retained per generation.
As for the your last sentiment, I'd also remind people that wealthy inequality is not a very big problem if the standards of living are also improving.
Most "poor" people have plasma televisions, iPhones, fridges, their own living quarters and more choice of food than a king 300 years ago would have.
As for the your last sentiment, I'd also remind people that wealthy inequality is not a very big problem if the standards of living are also improving.
Most "poor" people have plasma televisions, iPhones, fridges, their own living quarters and more choice of food than a king 300 years ago would have.