“It’s fantastic”

Hey, WV,

Hope all is well.

How old is this video?

Oxfam’s 2019 study, which talked about 2018, dropped the number down to 26 people, total.

https://www.vox.com/future-perfect/2019/1/22/18192774/oxfam-inequality-report-2019-davos-wealth

Here’s a wild statistic: The 26 richest people on earth in 2018 had the same net worth as the poorest half of the world’s population, some 3.8 billion people.

I’ve seen other studies that put the number between 3 and 8 people, total. I think Bernie uses those.

Also, as mentioned before, Jason Hickel demonstrates that it’s bullshit when anyone says “capitalism has radically reduced poverty,” blah blah blah. It’s radically increased it. The folks who control the world just keep setting the cut-off point for poverty lower and lower, relative to actual expenses, which continue to grow.

Hickel says the minimal minimum of all minimums should be at least $5 a day, not $1 or $2. The latter reflects complete and utter destitution, not “poverty.” With $5 a day, the poverty rates keeps rising, year on year.

And, of course, capitalism is “zero-sum,” by definition. Because if someone has X amount of dollars, other people can’t have that X amount at the same time. Last time I checked, we don’t have a quantum economy just yet.

If Gates hoards 100 billion, it can’t possibly be in his bank account and in ours at the same time. If he “owns” those dollars, we don’t. By definition. It’s math. It’s zero-sum.

Billy_T wrote:

My post disappeared when I added a link to Jason Hickel’s name. Not sure if it will come back — the post or the link

The “system” suspects you are a spammer, and sometimes doesn’t like the links you put in. All this is way over my head–I can only try and catch “pending” posts like that and approve them, but I can’t be on it 24/7, so I apologize for that and appreciate your patience.

Your post, the one that got marked pending (thanks to the evil anti-spam system), is of course a good one, and I agree with it.

In terms of the vid that starts this thread…I couldn’t listen to it. I caught Mr. Enthusiast For the System’s first few words about how great the concentration of wealth is and I was gone. I can’t listen to that kind of thing (that’s just a personal reaction, it’s a great post). That kind of thing to me is just fingernails on the blackboard, on a cosmic scale.

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