If the top 1% of the population has more than 50% of the worlds wealth, why can’t the other 99% just take it from them?

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Edit: I did not literally mean going to rich people’s houses and rob the money.
But to just pass a law that takes most of their money and redistributes it.

In: Economics

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Anonymous 0 Comments

Because those same ultra-wealthy people control all the levers of power, and they will *never* vote to give away their own money. The system is set up so it’s next to impossible for a person of average means to attain any real political power, and as a result, the people are charge of making the laws are the wealthy themselves.

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