Comment
Comment by jprince
It is interesting that OP uses a line meant to denigrate socialism to critique capitalism. I think that the graph is misleading - the average poor person today has 3 wide screen TVs, an Xbox, a smart phone and air conditioning. Poor people in 1916 would sometimes starve during the winters. To compare 1916 to 2014 as if they are equal highs in inequality is meaningless: Overall, everybody is much, much better off.