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Old Today, 01:39 PM
 
10,047 posts, read 4,590,451 times
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Quote:
Originally Posted by lifeexplorer View Post
If not, why do you care about how much money other people have?
It's more of a recognition of the wealth imbalance in the world and how it is likely not sustainable.
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Old Today, 01:40 PM
 
Location: Houston
21,514 posts, read 11,014,714 times
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Quote:
Originally Posted by Winterfall8324 View Post
That just shows you how much other people must suffer to maintain the global 'free' market system.

And even these 1% doesn't tell the full story. 40% of Americans cannot come up with an emergency 400$ if the need it.
Actually it does not. India is doing much better since they dropped socialism. So is China. Capitalism has brought whole nations out of the direst poverty.
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Old Today, 01:40 PM
 
17,381 posts, read 9,005,425 times
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Quote:
Originally Posted by HockeyMac18 View Post
It's more of a recognition of the wealth imbalance in the world and how it is likely not sustainable.
Again, why do you care if you arenít jealous?
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Old Today, 01:44 PM
 
10,047 posts, read 4,590,451 times
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Quote:
Originally Posted by lifeexplorer View Post
Again, why do you care if you aren’t jealous?
I do fine for myself. Why is this your response? Odd.


I care about the sustainability of the world. And also prefer a fair system for all. Don't come back at me with "capitalism" - our current system is not capitalism. There's no reason under an ideal system so few people should control so much. I have a family and am interested in seeing a world that sustains for them. Do you only think of yourself?


This is how most revolutions of the world have stated, fyi.
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Old Today, 01:45 PM
 
Location: Oklahoma
5,887 posts, read 5,715,159 times
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Quote:
Originally Posted by lifeexplorer View Post
Let’s slaughter them and take their money! Death to the capitalists!
Nah, let's find out which of these billionaires are liberal......................... and bit!ch about them................incessantly.
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Old Today, 01:47 PM
 
16,151 posts, read 8,689,093 times
Reputation: 6445
Quote:
Originally Posted by Winterfall8324 View Post
That just shows you how much other people must suffer to maintain the global 'free' market system.

And even these 1% doesn't tell the full story. 40% of Americans cannot come up with an emergency 400$ if the need it.
You have a legitimate point about inequality, but I am just pointing out that your stats are a bit misleading.


#1 Cost of living is a big deal and is ignored in the stats. People can live comfortably on a lot less in other countries. I can already retire in a 3rd world country with the money I have right now...not even close in the US.

That is why $34,000 a year income puts you in the top 1% of the world. $20,000 a year income puts you in the top 5% of the world, whereas $20,000 a year in the US means you might protest for higher wages.


#2 Your rich people stats count individuals and your poor stats count entire households. It is on purpose (not your fault you are just repeating) misleading to minimize the rich number downward and then use a different scale for the poor...wow this newborn baby owns nothing!

Ask Bezos if he owns all of his $134 Billion...or if his soon to be ex-wife owns about half. All of those married billionaires don't solely own the entirety of their wealth.

If we get another stock market collapse...ask Bezos how much of that $134 Billion was real vs on paper.
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Old Today, 01:48 PM
 
17,381 posts, read 9,005,425 times
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Quote:
Originally Posted by HockeyMac18 View Post
I do fine for myself. Why is this your response? Odd.


I care about the sustainability of the world. And also prefer a fair system for all. Don't come back at me with "capitalism" - our current system is not capitalism. There's no reason under an ideal system so few people should control so much. I have a family and am interested in seeing a world that sustains for them. Do you only think of yourself?


This is how most revolutions of the world have stated, fyi.
I fail to see how that is a problem unless you are just vying for their money.

Life isnít all about money.
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Old Today, 01:51 PM
 
4,443 posts, read 2,904,290 times
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Maybe you should also post all the billions Buffet, the Gates, Zukerberg, etc. have already donated/given away and how much they plan on donating in the future. While these people do have tremendous wealth, if you define wealth as a monetary thing, the also have pledged to give away most of their wealth, which is a good thing!
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Old Today, 01:52 PM
 
Location: Pennsylvania
10,411 posts, read 3,536,993 times
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Quote:
Originally Posted by Winterfall8324 View Post
Report: 26 People Own as Much as the Poorest 3.8 Billion | Time


Please, tell me how these rich people worked harder than everyone else to get here. Tell me why having unelected elite ruling the global economy while keeping everyone else in poverty is good.

Please, tell me.
It's definitely a fair question and that is coming from a believer in capitalism.
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Old Today, 01:53 PM
 
2,848 posts, read 2,661,560 times
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Just think of the BILLIONS in taxes that these people pay.


Not to mention all the jobs they create when both building and spending their wealth.


Amazing people who should be considered heroes.
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