
Episode 18: Wealth Disparity
Breaking Down: Collapse
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The Wealth Disparity, What It Means and Why It's Increasing
The topic of today's episode is wealth disparity, what that inequality means and why it can be such a problem. From 1970 to 2018, the share of aggregate income going to middle class households fell from 62% of all income to just 43%. Jeff Bezos today has a net worth of $182 billion, which is 12.29 times as much than Bill Gates in 1995.
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