This six-minute video animation is currently doing the rounds online and builds on the pioneering research by economists Michael Norton and Dan Ariely about American attitudes toward wealth.
The video details the distribution of wealth in America, highlighting both the difference between our perception of inequality and the actual numbers. Scary stuff!
America: Of the 1%, by the 1%, for the 1%?
References used in the video:
- Wealth Inequality by Dan Ariely | 30 September 2012 | USA | http://danariely.com | Original research that the stats in the video are based on
- It’s the Inequality, Stupid: Eleven charts that explain what’s wrong with America by Dave Gilson and Carolyn Perot | March/April 2011 Issue | USA | Mother Jones
- How Unequal We Are: The Top 5 Facts You Should Know About The Wealthiest One Percent Of Americans by Zaid Jilani | 2011 | USA | ThinkProgress.org
- CEO pay is 380 times average worker’s – AFL-CIO by Jennifer Liberto | 19 April 2012 | USA | CNN Money
See also Michael Doorly’s post The One Percent-ers on the blog based on America’s super wealthy (Jan 2012).