Outrageous Inequality
Jan. 21st, 2020 01:06 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ysabetwordsmithThis article gives some examples why billionaires are parasites. I particularly appreciate this set of statistics:
* The world's 2,153 billionaires have more wealth than 4.6 billion people.
* The 22 richest men have more wealth than all the women in Africa. According to the UN, there are 326 million aged 20 and over.
* The world's richest 1% have more than twice as much wealth as 6.9 billion people.
* The value of unpaid care work by women aged 15 and over is $10.8 trillion annually.
* The number of billionaires has doubled over the past decade.
Nobody's work is worth billions of times someone else's work. Billionaires aren't "making" money or jobs or value or whateverthehell they're claiming. Instead they're robbing other people of fair recompense for their hard work. No billionaire is working as hard as African women hauling water by hand. >_<
* The world's 2,153 billionaires have more wealth than 4.6 billion people.
* The 22 richest men have more wealth than all the women in Africa. According to the UN, there are 326 million aged 20 and over.
* The world's richest 1% have more than twice as much wealth as 6.9 billion people.
* The value of unpaid care work by women aged 15 and over is $10.8 trillion annually.
* The number of billionaires has doubled over the past decade.
Nobody's work is worth billions of times someone else's work. Billionaires aren't "making" money or jobs or value or whateverthehell they're claiming. Instead they're robbing other people of fair recompense for their hard work. No billionaire is working as hard as African women hauling water by hand. >_<
OUCH
Date: 2020-01-21 07:21 am (UTC)Fuel.
Re: OUCH
Date: 2020-01-21 07:39 am (UTC)No matter how you cook the books, you can't run 80% of the economy on 20% of the wealth. Or 2% as it seems to be heading.
(no subject)
Date: 2020-01-21 12:51 pm (UTC)Half of everything, owned by less than two hundred people.
It's like Orwell and Ayn Rand collaborated on a novel.
(no subject)
Date: 2020-01-21 02:06 pm (UTC)Well ...
Date: 2020-01-22 04:03 am (UTC)More characters need to learn how to spill coffee on the manuscript. I've done it.
(no subject)
Date: 2020-01-21 11:27 pm (UTC)Well ...
Date: 2020-01-21 11:42 pm (UTC)But we're not going to get rid of inequality until we make people justify why they have more than they need to survive and thrive.
In tribal cultures, it is shameful for some members to hoard resources while others go without. Not shameful to be poor, as here, but rather the existence of poverty makes the whole tribe look bad and feel uncomfortable. So generosity is respected and valued; people delight in giving away what they have. A successful hunter will first distribute some of the bounty to needy nonhunters before dressing the rest for their own family.