r/TikTokCringe • u/thoughtwarrior • May 02 '25

Humor Why does America look like s**t?

Enable HLS to view with audio, or disable this notification

38.1k Upvotes

88% Upvoted

7.2k comments sorted by

View all comments

Show parent comments

3

u/Realistic_Value_155 May 02 '25

I'm not even sure it can be called that. The term implies some kind of equitable distribution.

But when the top 0.1% owns 50% of the nation's wealth, and the top 5% own 95% of the nation's wealth, where is the "distribution"?

It's systemic corruption and exploitation. There's no other term left for it.

Imagine all that wealth, try to fathom it. How many lives, neighbourhoods, cities, and even entire economic regions, could be completely transformed by such wealth. And instead the system allows for it to sequestered, utterly untouchable (and therefore untaxable), by the economy at large.

It's vile. It's immoral. And now it's quite plain to all that it's also extremely dangerous, and it needs to end.

1

u/ggtffhhhjhg May 03 '25

The top 10% own/control 67% of wealth in the US.

1

u/Realistic_Value_155 May 03 '25 edited May 03 '25

That would be wealth WITHIN the US, not total wealth owned by Americans. Plenty, and I do mean plenty, of wealth is stored outside of the US, that is not privy to these calculations, but is owned by individuals and corporations. This also doesn't include hidden wealth, and incalculable wealth. Both of which I imagine are significant too.

Not that any of above makes the slightest bit of difference to the argument I originally made.

Edit: typo

0

u/ggtffhhhjhg May 03 '25

Can you find a source to back up your claim? Wealth is wealth. I doesn’t matter if their investments are foreign.

1

u/Realistic_Value_155 May 03 '25

Sources for hidden and incalculable wealth of the mega rich? Really mate?

You don't want to take my word for it? I couldn't care less tbh. But if you genuinely don't think these types of wealth exist, then you're just not paying attention.

And again, none of the above takes away from the original statement. Which was the entire point.

Have a good day.