• Millionaires Now Control Half Of The Worlds Personal Wealth: Report
    89 replies, posted
https://www.ndtv.com/world-news/millionaires-now-control-half-of-the-worlds-personal-wealth-report-1868145
Millionaires aren't who we need to worry about. Lower millionaires have no real power. You need to worry about hundred-millionaires and higher.
caste system never ended, it just got a lot more subtle
When's it going to be 99% of wealth owned by the 1%.
There should be a prestige mode for people who have made more than 100 million dollars. Either everything past that point gets sent straight into the tax system or they have to start from scratch again. The first option is more reasonable but the second would be funny.
Nothing like being rich and privileged - having more power then the majority of the country. Then using that money and privilege to only consolidate more power and continue to fuck over the little people who regardless of how much help they get will never reach the level the millionaires/billionaires are at. It's greed and gluttony at its finest.
It's still a bad distribution of wealth.
*INSERT HOW IT'S YOUR FAULT*
Upper echelon, but most people here aren't millionaires so trying to act like we're all way more powerful and privileged than we are is silly. Yeah, we're better off than a lot of people, something I'm very happy about. That doesn't mean a lot at the end of the day when things are still getting worse.
It is important to recognize that as a whole things are getting better. The statistics are very clear on that. Sure, there is a lot of balancing that maybe needs to be done, but as a whole the average person is doing FAR better than they were 100 years ago, not to mention even farther. One way or the other, allowing the individual to engage in projects of varying size is what made the society we have today, and it is unclear whether it is possible to remove that fact and maintain the progress rate we have.
Sure but if you can't see where this is going you're being obtuse or naive It was better for people to be Fiefs in a fiefdom, than the alternative. I suppose we should just be glad that's the case? It could be argued it was better to be a slave, than to be left in a harsh and dying climate to surely die. As long as you frame this as "I'm just glad to exist in their world" you'll always be thankful to not be crushed under foot and I don't think that's anyway for humanity to keep living.
These number never really bothered me because I don't know what correlation is has on the standard of living of the least wealthy people in society. Does the wealthiest people in the world having a higher share of the total wealth mean that the poor have a lower standard of living? of course, you could make the argument that if all things were equal, then the poor would have a higher standard of living, but that's just not how capitalism works. Personally, I'm middle class. If Mark Zuckerberg's net worth goes up 10 billion tomorrow, I'm not going to see any effect. Would someone in Nigeria feel it?
It kind of does when we're ultimately also responsible for wealth accumulation. It might not feel like we're even doing it, but that's the nature of slow change. If you've got a house, computer, notion of stability for the next year or so and a full belly every night, and you're bitching about wealth inequality, you're an entitled person missing the bigger picture.
I don't think so. But you've shown you're not really interested in the discussion, you have all the answers lol.
t. man who has all the answers. Sent from my iPhone
Ultimately, it is like being on a rowing ship in the middle of the ocean. Sure, rowing sucks, and, sure, the row-captain gets better rations for some reason, but we are still all in the middle of the ocean unless we keep rowing. I mean, we could try and redesign the ship mid journey, but the chances of poking a hole in the one we already have are too great and it is not clear how you would even go about making a new ship mid-row.
I don't have the answers But I wouldn't say that anyone who is concerned about wealth inequality and doesn't starve every night is an "Entitled Person missing the bigger picture" lol Sure left a lot of leeway there for questions or thoughtful dialogue didn't you
You're free to challenge my statement.
This is going to be the case forever then, and you'd better accept that we'll never have a different boat, or a different direction and we should really just give up on any of that and do only as the captain says
You do realise that even a surprising number of people who live in the slum ghettos of many war torn African countries have internet somewhere, in some form right? Like, people in third world countries are becoming more and more connected to the internet and shit.
If you've got a house, computer, notion of stability for the next year or so and a full belly every night Imagine being so narrow minded / one dimensional that you need to approach only part of the statement you're attacking to make your argument sane.
Only one of us made statements negating almost all other view points i think there are concerns of first world citizens in regards to the quality of their lives that they’re allowed to have without being “entitled”. You don’t.
Well, I didn't say you're not entitled to complain. I just think that you're exactly as entitled to complain about wealth inequality as a millionaire. The level of exploitation is basically identical. Most of it is invisible to you, as it's invisible to the millionaires. You might hate to hear that because all things are relative, but if you live in a western culture, and have a stable life? You're doing it on the backs of others.
I don’t hate to hear that nor am I unaware of that that doesn’t invalidate the complaints of the working class here or anywhere else you’re literally saying “someone else has it worse, so you can’t really talk” as if that ever had merit
Well no, the boat has been picking up planks and oars periodically like it's a game of raft. At first there was one man on the boat rowing around, but as time passes more and more people have been allowed on the boat. With more hands there are more fish and more ability to improve. Yes, my previous assertion of the danger of updating the boat still stands, but it's not like we haven't done it before. The difference, however, is that is has been slow and gradual. The few times we tried to renovate the whole thing into a yacht it has start sinking and people died. I'm not saying we shouldn't change the boat. What I am saying is that we need to be careful about it and not, well, rock the boat.
You are entitled to talk. Just think about what position you're taking if you hate people having more than you while also being not only complicit, but actively involved in the exact same thing.
1) You've assumed that "I hate people having more than me". Can you show me where I said this? As it stands, this is you putting words in my mouth. 2) I can be entirely aware of the circumstances other people are in, while still talking about my own. What about the idea of wanting to talk, discuss, and potentially even complain about the issues that people face in our modern worlds is "Entitled and missing the bigger picture"?
You keep making this about you. Why do you keep doing that? It's obviously not about you.
You replied to me, specifically. You said people who talk about it are entitled. I don't know how I could possibly get the idea it's about me, when you were talking to me and using language to refer to it as such. Jeeze!
I never thought I would see someone literally telling the lower classes not to rock the boat.
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