Social Justice Design Research
Social Justice Topic (Income Inequality) "In the SCF data, households with incomes in the top 1 percent of the income distribution received roughly a fifth of all income in 2022, while households with wealth in the top 1 percent of the wealth distribution held more than one-third of all wealth." "Since 1983, black and latino families have seen their wealth fall considerably from $6,800 and $4,000 to just $1,700 and $2,000 respectively in 2013. Even though white households took a hit during the financial crisis, they still boasted a median wealth of $116,800 in 2013." "For the most part, this pessimistic view about the economic future is shared by younger and older adults alike, as well as by people with higher and lower incomes." "The top 10% still controls a decent chunk of these assets but things are more evenly distributed relative to overall net worth and stock market ownership. The bottom 90% owns 56% of the housing market, compared to just ...