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62 richest people has as much money as poorest 3.5 billion humans

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Is this just income gap? Small tidbit bonuses for the poor is goverment funded stuff like free healthcare, food and education have improved since 1988 I assume. So while things might seem mightily worse, it might actually be better for the poor. The rich will have to pay for this, which barely lowers their income but they still have to pay.



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While the richest people are earned, but majority of the rich people are inherited. In Business, Big risk and big knowledge = big reward. Also the income gap is huge, I don't think there is such thing as equal opportunity as the reality it depends on the location and time.



mountaindewslave said:

if you're seriously implying that people who put in a little work and built a software program or internet website that they managed to sell for billions at the turn of the 21s t century worked 'hard' then you're very out of touch with reality

working hard is someone slaving away in a coal mine or farming day in and day out. proportionately for the money, Bill Gates didn't work 'hard'. he worked hard probably in the sense of his job but a lot of it is LUCK. 

someone like Bill Gates could do all of the work in his life 100 lifetimes over and it wouldn't justify the amount of money he has

and I'm not throwing judgement per say directly on someone like him, because it IS a free market. but I mean to throw judgement on the system as it is. no government should allow individuals to become that powerful and that wealthy

I don't think anyone here could give me a reasonable and logical explanation of how its HEALTHY for the world to have people with that much of the percentage of wealth

it would be like the comparison of 10 people being stuck on an island and exploring it, right? and one person working the hardest to find where a patch of the only food, the melon trees where. Just because the one person worked hard and found the melon trees doesn't mean they should automatically be allowed to keep ALL of the melons (wealth)

I actually generally support capitalism and a free market but there NEEDS to be caps. if left totally uncontrolled what happens is the wealthy get wealthier and the poorer get poorer

if you look at the past few decades that's exactly what's been happening. some people may be fooled with inflation and think that the poor are not getting proportionately poor as the richer get rich, but they are

take a simple stat like the minium wage from 1980 and compare it with today and you'll see that if it was adjusted accurately for standard of living then the national minium wage would be like over 15.00$

 

there needs to be SOME administering of rules about wealth and income. We have a tax system yet there are no particularly special rules about people with insane amounts of wealth and there should be. like raise it to 75% tax if someone is making hundreds of millions of years

of it not that then maybe something like a 50% total wealth tax / death tax when someone dies.

there needs to be something in the system to prevent a never ended caste system in which a few select individuals become wealthier and wealthier and others become poorer and poorer. I speak specifically about the USA, but in a lot of other places it worse obviously.

there's no reason that stricter tax rules haven't already been enforced on the ultra rich EXCEPT for the fact that the rich family's / corporations control the media and politics to some degree. that's the only reason it hasn't happened

again though, the concept is not socialism but just putting wealth caps. No one can give a reason as to why one individual should have billions of dollars. No reason. it would take many lifetimes to 'honestly' have put in enough work for that

The reasons why the rich get richer are because they usually make better financial decisions than the poor people, it's not hard to understand this ...

It's perfectly reasonable for for that many people to carry that amount of wealth because they EARNED it! What's unreasonable is the government acting like Robin Hood when it's obviously stealing. I am not Christian but in the case of the ten commandments one of them is "Thou shalt not steal" to which I agree with and what you propose is absolutely ethically corrupt ... 



Zackasaurus-rex said:
It is indicative of a disgusting economic and political system.

I agree.  Most of those poor people live in countries with terrible political and economic systems.

Oh... sorry.... isnt that what you meant?

 





I'm not really here!

Link: Shipment History Since 1995


S.T.A.G.E. said:

Tell me the last time anyone here has read about a family which had the most powerful banks in all of Europe and split itself up  and spread into five european nations ruling over even its royal elite for two hundred years. The power of royalty today has been proven to be a sham by men such as this.





" Rebellion Against Tyrants Is Obedience To God"

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fatslob-:O said:
mountaindewslave said:

if you're seriously implying that people who put in a little work and built a software program or internet website that they managed to sell for billions at the turn of the 21s t century worked 'hard' then you're very out of touch with reality

working hard is someone slaving away in a coal mine or farming day in and day out. proportionately for the money, Bill Gates didn't work 'hard'. he worked hard probably in the sense of his job but a lot of it is LUCK. 

someone like Bill Gates could do all of the work in his life 100 lifetimes over and it wouldn't justify the amount of money he has

and I'm not throwing judgement per say directly on someone like him, because it IS a free market. but I mean to throw judgement on the system as it is. no government should allow individuals to become that powerful and that wealthy

I don't think anyone here could give me a reasonable and logical explanation of how its HEALTHY for the world to have people with that much of the percentage of wealth

it would be like the comparison of 10 people being stuck on an island and exploring it, right? and one person working the hardest to find where a patch of the only food, the melon trees where. Just because the one person worked hard and found the melon trees doesn't mean they should automatically be allowed to keep ALL of the melons (wealth)

I actually generally support capitalism and a free market but there NEEDS to be caps. if left totally uncontrolled what happens is the wealthy get wealthier and the poorer get poorer

if you look at the past few decades that's exactly what's been happening. some people may be fooled with inflation and think that the poor are not getting proportionately poor as the richer get rich, but they are

take a simple stat like the minium wage from 1980 and compare it with today and you'll see that if it was adjusted accurately for standard of living then the national minium wage would be like over 15.00$

 

there needs to be SOME administering of rules about wealth and income. We have a tax system yet there are no particularly special rules about people with insane amounts of wealth and there should be. like raise it to 75% tax if someone is making hundreds of millions of years

of it not that then maybe something like a 50% total wealth tax / death tax when someone dies.

there needs to be something in the system to prevent a never ended caste system in which a few select individuals become wealthier and wealthier and others become poorer and poorer. I speak specifically about the USA, but in a lot of other places it worse obviously.

there's no reason that stricter tax rules haven't already been enforced on the ultra rich EXCEPT for the fact that the rich family's / corporations control the media and politics to some degree. that's the only reason it hasn't happened

again though, the concept is not socialism but just putting wealth caps. No one can give a reason as to why one individual should have billions of dollars. No reason. it would take many lifetimes to 'honestly' have put in enough work for that

The reasons why the rich get richer are because they usually make better financial decisions than the poor people, it's not hard to understand this ...

It's perfectly reasonable for for that many people to carry that amount of wealth because they EARNED it! What's unreasonable is the government acting like Robin Hood when it's obviously stealing. I am not Christian but in the case of the ten commandments one of them is "Thou shalt not steal" to which I agree with and what you propose is absolutely ethically corrupt ... 

 


"It is easier for camel to go through the eye of a needle than for a rich man to enter heaven"- Jesus 



Nirvana_Nut85 said:
S.T.A.G.E. said:

Tell me the last time anyone here has read about a family which had the most powerful banks in all of Europe and split itself up  and spread into five european nations ruling over even its royal elite for two hundred years. The power of royalty today has been proven to be a sham by men such as this.



 


Exactly. Its insane how much money that family has. I believe they had taken over the british bank in the 1800s. They could fund numerous countries after they collapsed with high GDP levels, especially if you adjust for inflation.



S.T.A.G.E. said:

Tell me the last time anyone here has read about a family which had the most powerful banks in all of Europe and split itself up  and spread into five european nations ruling over even its royal elite for two hundred years. The power of royalty today has been proven to be a sham by men such as this.

 


The Rothchilds?

Probably the wealthiest family on Earth.  Hasnt everyone heard of them?

Doesnt everyone know big business runs the world?  Surely people arent naive enought to believe that isnt the case these days?



I'm not really here!

Link: Shipment History Since 1995


S.T.A.G.E. said:
Nirvana_Nut85 said:



 


Exactly. Its insane how much money that family has. I believe they had taken over the british bank in the 1800s. They could fund numerous countries after they collapsed with high GDP levels, especially if you adjust for inflation.

Their family has an "apparent" $400 billion net worth, however that is just known assets. I'd assume with hidden ownership like the federal reserve wich pays them interest from money printed out of thin air, it could be as high as several Trillion.





" Rebellion Against Tyrants Is Obedience To God"

An epic proof of how rotten and shitty this economic system is, but you know the worse? This shitty system makes people believe that this is actually fair, no matter how ridiculous it sounds, and also wealthy people automatically thinks they deserve it even if they were already born with all the good cards. I dont know whats worse, a system that makes most of the people in the planet poor while a tiny minority monopolize all the richness from all countries of this world, or the amount of sheeps around a system like that.