Berman essay

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Title: Berman essay

Essay Details:

Subject: English

Author: Sharee C

Date: July 24, 2015

Level: University

Grade: B

Length: 4 / 1069

Essay text:

He discloses that no other major industrial nation has such a disparity of wealth as the United States. To back up his statement, he presents the reader with statistical information. The top 1 percent of the people own 47 percent of the nation's wealth, and the top 20 percent owns 93 percent. He also reveals that Bill Gates' net worth in 1998 was larger than the combined net worth of the bottom 40 percent of all American households. Berman continues by saying that this inequality is global: "The wealth of America's top quintile is implicated not only in the poverty of South Central Los Angeles but also in the slums of Buenos Aires"...

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