Based on Thomas Piketty's acclaimed "Capital in the XXI Century"
Chapter 8: Two Worlds
8.10: The Explosion of US Inequality Since 1980
Discover the evolution of income distribution from 1950 to the present day in this insightful video. We start with an overview of income share from 1950 to 1980, where the top 10% controlled 30-35% of the national income. Witness the significant shift post-1980, as their share surged to 45-50% by the 2000s. Dive deeper into the rise of the richest 1%, who went from owning 9% of the national income in the 1970s to nearly 20% by 2010. Understanding these trends is crucial for grasping the dynamics of economic inequality. Like and share this video to spread awareness!
#IncomeDistribution #EconomicInequality #WealthGap #HistoricalIncomeTrends #piketty
