When the rich have 85 percent of US wealth, 'equality of opportunity' can't exist

via current.com

Economist and Nobel Prize winner Dr. Joseph Stiglitz joins Cenk to break down distribution of wealth in the United States and calls out the Republican idea that income equality doesn’t matter as long as there’s an “equality of opportunity.” “The fact, of course, is that the United States is not only the country with the most inequality in outcomes, it’s the country with the least equality of opportunity,” Stiglitz says. “A kid’s life prospects are more dependent on the education and income of his parents than in any other advanced industrial countries.”