I do have a problem with this because that wealth is largely, I assume, representative of claims of ownership of resources that are fundamental necessities of human life (e.g. land, water, fish stocks/quotas, etc).
I'd also be interested in seeing a break-down per nation regarding wealth distribution in order to measure what appears to work and what does not from an economic/legal framework.
Naively, it sounds really bad because how could any individual produce more than tens or hundreds of millions of individuals? If they do not produce more than nations, then how is it fair that they have so much? Another intuition is that this is the product of technology being adopted much more rapidly by the titans of industry than by others, to great effect decreasing cost and increasing profit.
even if you took the top 10 richest people in the world and gave it to every person in just america, thats only about 1600$/person. They'd still be poor and there'd still be a richest 1% and apple would have sold a lot more iphones.
Wrong. In the US only about 4.1% of people in US have negative net worth (wiki stat). The rest with debt such as mortgages and the like have assets against this debt so while they owe the bank $300k type thing they have a $500k assets against this.
> even if you took the top 10 richest people in the world and gave it to every person in just america, thats only about 1600$/person. They'd still be poor and there'd still be a richest 1%
There will always be a richest 1%. Also ideally in a redistribution sence you wouldnt give to everyone, you'd redistribute to the bottom X%, and this would drastically change the $1,600 figure oyu quote (I'll trust your maths). And don't be distracted form the problem being addresses here is how much that 1% (or far fewer %) own of a nations wealth, not that there is a 1% class. It's not just the money either, extreme wealth can give influence and have other negative effects e.g. power within the political system, unproductive hoarded capital in a nation, and ability to monopolies by buying assets etc.
if you sent the top 1 % to the death camps, by the laws of math, there will be a NEW top 1%. and guess what? because of my statements above, they would still be exponentially richer than the bottom.
But there is no causality. Not even a correlation.