The chart below conveys the central point: people think the distribution of wealth is more equal than it actually is; and they think it should be much more equal than their already unrealistically-equal notion of its current state. Eg: the top 20% of the US wealth distribution actually controls nearly 85% of total wealth; people think the top 20% controls under 60%; and they think it should control just over 30% (via More on the Wealthy Poor and a “Fair” Society - James Fallows - Politics - The Atlantic)
September 27, 2010, 9:49pm
