Wealth and Inequality

Does the gap between rich and poor threaten democracy?

Introduction

The very richest now claim a share of the world's wealth not seen since the Gilded Age of the late 1800s and early 1900s. The world's top 1 percent owns about half of global wealth and the bottom half less than 5 percent, according to French economist Thomas Piketty. President Obama is calling for a variety of steps to help struggling middle-class and poor Americans climb the income ladder and to provide more government ...

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