VIDEO: Capitalism 1.0 and the Concentration of Wealth: It’s Time for a New Normal – “CAP2”

This video will shock you!  One of the flaws of Capitalism 1.0 is that the system has been hijacked to concentrate wealth.  Perhaps you would argue that we need a system that rewards hard work, creativity and ingenuity – ABSOLUTELY but this is ridiculous.  This type of wealth concentration is gutting the middle class, it does not reward millions of hard working people and this does not make for a thriving economy or society.

Today In the US, the richest 1%….

  • take home 24% of the national income while in 1976 it was 9%.
  • they own 50% of the county’s stocks, bonds and mutual funds while the bottom 50% own 0.5%
  • The average employee in a company has to work 1 month to make what the CEO makes in 1 hour

These ideas are explored further in a White Paper in partnership with TSSS and Earthshine Solutions“A Journey in Search of Capitalism 2.0”  

Download Here

One Response

  1. peter croppo

    “Socialize the losses, privatize the gains.”

    This is how wealth gets extracted from the working people & directed to the robber barons.