Here's my problem with the whole debate, is life for Americans really unfair, just because others have more wealth? These poor Americans, who are the global richest 1%, would probably not garner a lot of sympathy tears from the average Nigerian or Indonesian. I just find it funny that the "poverty line" has to be redrawn every time there is a new technology or quality of life breakthrough in the states. We have all heard about how even the poor have a roof over their head, cable TV, cars, and most importantly, smartphones to text each other with and keep up with politics.
So, yes, I for the most part agree with the numbers in this video propaganda piece about the distribution of wealth, but why don't they mention the absolute values of all of that wealth - even the lowest 20% - compared to the global average??? All I have to say is that all those people on the bottom should thank God every day that this entire statistical distribution takes place in the States. I mean, those really poor guys on the bottom literally have more wealth and a higher standard of living than the Pharaohs of Egypt, the Caesars of Rome, and all the kings and queens of the Middle Ages.
So back to reality - this is why I am a fan of the "a rising tide lifts all ships" theory. Why the fuck should someone making $15K care that the wealthy have 10 millions time as much wealth? In our society, $15K is enough to get a decent roof over your head, heating/cooling, a used car, and enough food to make you morbidly obese by the time you are 10 years old. Oh, you can also afford a nice smartphone, complete with data plan, on that money too, if you budget wisely enough.
Every form of government and every society - monarchy, communism, capitalism - since time immemorial has had a pyramid distribution structure of talent, competitiveness, wealth, strength, or whatever. It's just that our current system affords everyone to have a decent standard of life. And every future government system will have a pyramid structure, and every system must have a pyramid structure. Why, because God made all of us with unequal skills and talents.
I kind of agree with this, for the most part, but I really don't think it will be an issue in our society until people are getting thrown out of their homes/apartments (laws make that a pretty long and difficult process), or not having means to provide basic necessities of food and cellphones for their family. Food is actually crazy cheap here, and for those who mis-allocate their wealth on cable TV, drugs, playstations, they have access to food stamps, or debit cards, or whatever they are today. Bottom line, in my opinion, yes, wealth inequality can be dangerous in some more desperate societies, but probably not until peoples security, belongings, home, family, or food is in danger - things that I think we are very far from.