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Eight men own more than 3.6 billion people do (Read 1686 times)
UnSubRocky
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Re: Eight men own more than 3.6 billion people do
Reply #15 - Jan 19th, 2017 at 10:12pm
 
We should just get a group of us have-nots, find those 8 men, and then take all their stuff. We outnumber them.
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Mattyfisk
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Re: Eight men own more than 3.6 billion people do
Reply #16 - Jan 19th, 2017 at 10:24pm
 
Gordon wrote on Jan 19th, 2017 at 8:42pm:
Mattyfisk wrote on Jan 19th, 2017 at 8:39pm:
Gordon wrote on Jan 19th, 2017 at 6:02pm:
longweekend58 wrote on Jan 19th, 2017 at 4:56pm:
They heve accumulated this wealth during a time of unprecedented prosperity for EVERYONE. our standard of living has never been higher, our health has never been better and out education never more advanced.

I'm trying to work out what is so bad with our lives now that we have to criticise those who did even better?

Good on 'em.  Would like to be part of that group, but so far, no luck.


Pretty much, a rising tide lifts all boats.


Not where all those billions live, it doesn't. A rising tide lifts profits in the Cayman Islands.

Tidal, innit.


It floats the turds too.  How's Harris Park today?   Smiley


Smell-free, dear. We send our sewerage to your fine suburb.

Divine.
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Mattyfisk
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Re: Eight men own more than 3.6 billion people do
Reply #17 - Jan 19th, 2017 at 10:26pm
 
UnSubRocky wrote on Jan 19th, 2017 at 10:12pm:
We should just get a group of us have-nots, find those 8 men, and then take all their stuff. We outnumber them.


Tjurds of all countries unite, no?
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issuevoter
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Re: Eight men own more than 3.6 billion people do
Reply #18 - Jan 19th, 2017 at 10:29pm
 
Money is not the problem.

You have to factor population growth into the equation. Society cannot produce wealth at the same rate that it produces the children of poverty stricken parents. Mathematically, the poverty stricken will eventually overrun the planet.

It is a bit like the old argument, why not spend NASA's budget doing something on earth, were it counts? The thing is we know we can do both at the same time, we have the knowledge and the muscle.

Money is fiction, it doesn't exist except in a ledger. But the idea of money is the best medium of exchange yet devised. Even communists use it. The only problem with it as means of exchange is that if you divide it up evenly, it has less value. That is why the IMF and the World Bank don't give money to poor people.

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Bobby.
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Re: Eight men own more than 3.6 billion people do
Reply #19 - Jan 19th, 2017 at 10:41pm
 
Eight men own more than 3.6 billion people do -

it's the problem with capitalism -
like a game of monopoly where there's only one winner
& all the others go bankrupt.

However communism isn't the answer either -
communists mostly live in poverty no matter how well they are educated.

Remember the Queen of England is the richest woman in the world
but she would rather be a 20 year old poor woman with a long life ahead of her.
Our wealth is in our age not a number in a bank account.
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Gordon
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Re: Eight men own more than 3.6 billion people do
Reply #20 - Jan 19th, 2017 at 10:57pm
 
Mattyfisk wrote on Jan 19th, 2017 at 10:24pm:
Gordon wrote on Jan 19th, 2017 at 8:42pm:
Mattyfisk wrote on Jan 19th, 2017 at 8:39pm:
Gordon wrote on Jan 19th, 2017 at 6:02pm:
longweekend58 wrote on Jan 19th, 2017 at 4:56pm:
They heve accumulated this wealth during a time of unprecedented prosperity for EVERYONE. our standard of living has never been higher, our health has never been better and out education never more advanced.

I'm trying to work out what is so bad with our lives now that we have to criticise those who did even better?

Good on 'em.  Would like to be part of that group, but so far, no luck.


Pretty much, a rising tide lifts all boats.


Not where all those billions live, it doesn't. A rising tide lifts profits in the Cayman Islands.

Tidal, innit.


It floats the turds too.  How's Harris Park today?   Smiley


Smell-free, dear. We send our sewerage to your fine suburb.

Divine.


No only high class jew poop gets cleaned at Bondi.

BTW just kidding about Harris Pk, I love the place and made a shittonn of money from the curryshitters there.

Next time you're in Brisbane Street take notes of the names of one of the blond blocks of 12 Wink

Now that's what I call wealth distribution.

Rich currys steal from poor currys, bring the money to Sydney and give it to me.
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UnSubRocky
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Re: Eight men own more than 3.6 billion people do
Reply #21 - Jan 20th, 2017 at 2:43am
 
issuevoter wrote on Jan 19th, 2017 at 10:29pm:
Money is not the problem.

You have to factor population growth into the equation. Society cannot produce wealth at the same rate that it produces the children of poverty stricken parents. Mathematically, the poverty stricken will eventually overrun the planet.


You have to factor in poverty-stricken parents realising that to get ahead in the world, they need to limit the number of children they have. Happened in Australia after the 1950s, and it can happen in third world countries that want to catch up with the rest of the world.
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Re: Eight men own more than 3.6 billion people do
Reply #22 - Jan 20th, 2017 at 3:16am
 
So when the trend has continued for another decade or two, and the top 8 owning more than the bottom half becomes the top 4 owning more than the bottom 75%, will it still be "good on 'em, maybe if I just keep my head down, work hard and pay my taxes on time, maybe someday I can be one of them"?

No?

What about when the top 1 owns more than the bottom 99%?  Then will you realise the world we've built is the ideal habitat for corporations, but not so great for human beings?
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In the fullness of time...
 
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it_is_the_light
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Re: Eight men own more than 3.6 billion people do
Reply #23 - Jan 20th, 2017 at 3:37am
 
Baronvonrort wrote on Jan 19th, 2017 at 6:25pm:
Bill Gates has donated around $30 billion to charity with the Bill and Melinda Gates Foundation.

Warren Buffet is also involved with them.



all tax deductable ..
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UnSubRocky
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Re: Eight men own more than 3.6 billion people do
Reply #24 - Jan 20th, 2017 at 11:46pm
 
... wrote on Jan 20th, 2017 at 3:16am:
So when the trend has continued for another decade or two, and the top 8 owning more than the bottom half becomes the top 4 owning more than the bottom 75%, will it still be "good on 'em, maybe if I just keep my head down, work hard and pay my taxes on time, maybe someday I can be one of them"?

No?

What about when the top 1 owns more than the bottom 99%?  Then will you realise the world we've built is the ideal habitat for corporations, but not so great for human beings?


Somehow, I don't think that any one person will own the wealth of $40 trillion in today's terms.
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