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Are we brain dead suckers who think we are in control of our lives but really we're mindless human robots who serve at the pleasure of the elites in exchange for the crumbs that fall off their table?
One percent of humanity owns 50% of the world's wealth....Would you like to be twice as rich? Yea, me too.
No offense, but I kinda doubt you and I are in the top 1% or top 10%
You may look at people who have 100 times your income, and think that they are the top 1%. It all depends on whom you use as a reference.
But someone living in a trailer park in (say) Atlanta USA is better off than the world average in:
Do we want a tiny number of people to own most of humanity's wealth?
Should ten percent of us own close to everything, while the other 90% of us squabble over what's left?
Does this make any sense? Is it fair, is it just, is it sustainable?
Wealth distribution is exceptionally peaked - almost a delta function.
World’s 8 Richest Have as Much Wealth as Bottom Half, Oxfam Says
See this New York Times article:World’s 8 Richest Have as Much Wealth as Bottom Half, Oxfam Sayshttps://www.nytimes.com/2017/01/16/world/eight-richest-wealth-oxfam.html================Bill Gates, the founder of Microsoft, led the list with a net worth of $75 billion. Amancio Ortega Gaona, the Spanish founder of the fashion company Inditex, has a net worth of $67 billion.Warren E. Buffett, the chairman of Berkshire Hathaway, $60.8 billion.Carlos Slim Helú, the Mexican telecommunications magnate, $50 billion.Jeff Bezos, the founder of Amazon, $45.2 billion.Mark Zuckerberg, Facebook’s creator, $44.6 billion.Lawrence J. Ellison, the founder of Oracle, $43.6 billion.Michael R. Bloomberg, the former mayor of New York and founder of the media and financial-data giant Bloomberg L.L.P., $40 billion.
I think that you are trying to shirk your personal responsibility, as a member of the world's top 1%.
The question is what harm has been done by those who acquired huge wealth through honest industry and commerce?
But for as long as people can afford to buy inessentials like tablet computers, or want to speculate on the stock exchange, what legitimate concern can I have over the success or failure of those who make technojunk or gamble successfully?
(I work in "future-tech" medical diagnosis and treatment), show a profit, sell the mature venture to a major medical service provider, and everyone is happier, healthier and richer than when we started.
3. If invention and innovation are a good thing, how else should they be funded?
If we confiscated the assets of the 1% (leaving them enough to be comfortable) and shared it fairly with all, everyone on Earth would immediately become twice as rich as they are now. Would you like to be twice as rich? Yea, me too....It's possible some of us will need to take a math class or reality check before we can take this much farther.
Ok, so some of us are determined to argue for the status quo. Fair enough.
you brain dead suckers!