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?

Question

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

Answer 1

Because a majority of places have laws against theft, and there’s never been a concerted effort by the 99% to get it all.

Besides, doing it that way would cause the entire economy to collapse. Closing the wealth gap can be done by taxing the rich more, increasing minimum wage, and investing more in welfare.