• redtea@lemmygrad.ml
      ·
      2 months ago

      I doubt it's acurate. I find it hard to believe only 1% of the rest of the population are millionaires.

        • redtea@lemmygrad.ml
          ·
          2 months ago

          That could be a big factor.

          Statista suggests 22.7million people, or 9% are millionaires: https://www.statista.com/topics/3467/millionaires-in-the-united-states/#topicOverview

          I wonder how this accounts for family wealth, as well.

  • supersolid_snake@lemmygrad.ml
    ·
    edit-2
    2 months ago

    It's not a contradiction in economics, it's a contradiction in narrative. This is how capitalism has functioned since Columbus. Take the tiniest European nation and it benefited at some point from militarism, colonization, oppression, imprisonment, cheap desperate labor, etc. that's the system.

  • bloubz@lemmygrad.ml
    ·
    2 months ago

    I knew the US was terrible but I'm shocked about the 1/15 black men in jail. Is that at any time, or 1 out of 15 black men has been in jail at some point? Either way it's disastrous and disgusting

    • Halasham@dormi.zone
      ·
      2 months ago

      Considering after the Civil War it wasn't uncommon to convict black men of... being black (seriously no crime listed, they were just made criminals because they're black and now you have to be a criminal to be a slave) in order to continue the whole institution of slavery I would expect the 'at some point' figure to be much higher.

      • bloubz@lemmygrad.ml
        ·
        2 months ago

        Thank you for this piece of information. That's not what I meant by at some point though. I meant at some point in the life of living people. Like if we take all black men in the US right now, what percentage has ever been in jail. It's a different figure from if we take all black men in the US right now, how many are currently in jail

  • zippythezigzag@lemm.ee
    ·
    2 months ago

    Just a minor flaw but half the US population is around 170 million I think. But the point still stands.