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The highest 1%: Ought to wealth have its limits?


The highest 1%: Ought to wealth have its limits? – CBS Information


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The richest one percent of Americans now owns 16 times the wealth of the bottom 50 percent. That disparity has brought to light questions about the need for billionaires – and their need for even more money. Correspondent Mark Whitaker talks with activist-filmmaker Abigail Disney and entrepreneur Vivek Ramaswamy about whether acquiring a billion or more dollars is a valued goal; and with professor Ingrid Robeyns, who proposes the concept of “limitarianism” – determining a moral limit to how much wealth one can accumulate.

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