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Forums - General - 62 richest people has as much money as poorest 3.5 billion humans

ironmanDX said:
Aeolus451 said:
ironmanDX said:
fatslob-:O said:
It's absolutely fair IMO ...

Most of the wealth is earned, not inherited and saying otherwise is denying ...

 

It's inherited by birth in a sense. Where you're born is very, very important.

 

A bum in the closest city can easily earn over $1.90 an hour. Let alone a day. 

No, it's comes down to intelligence and making the right choices. A person who's born into wealth can lose everything easily and a person who's born into squalor can rise out of it.

 

Here's a homeless girl who managed to graduate HS and go to harvard

http://abcnews.go.com/US/abandoned-teen-dawn-loggins-graduates-homeless-custodian-harvard/story?id=16520080

 

Here's another homeless girl who graduated HS and went to harvard

http://www.huffingtonpost.com/2013/12/24/khadijah-williams-homeless-harvard_n_4493490.html

 

This is what homeless can make if they use their mind in other ways

http://residentiallychallenged.blogspot.com/2012/06/how-much-does-panhandler-really-make.html

 

If someone has been poor their whole life, most likely it's their fault.

. Exceptions to the rule... Also, no Harvard in the poorest countries, is there? And a random link that jumps from $1.90 a day to a $500,000 home.... Please. Just read what I said, then reply. 

Not exceptitions but Proof there's no rule in the first place. People can still relocate if they don't like itor adapt better to their environment. It also depends on what they want as a person. What we consider poor might not matter in some countries because they live more off the land and are content with that lifestyle. 





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Nem said:
bouzane said:
The neo-corporatist economic model that is displacing liberal capitalism turns my stomach. The sooner we end corporate subsidies (welfare) and return to proper capitalism the better. If you think the current system is fair then it's time to enroll in economics 101.

 


Wow... just wow. Spoken like a privileged american. You have no idea what poverty is, or what its like to live in a cuntry where you get paid 10% of what you do for the same work.

You have no idea what the real world is like. Capitalism is what is making these inequalities worse. Social systems are the only thing preventing it from going into anarchy. Capitalism is irresponsible. With it old people and many others would be dieing in the streets of hunger or without shelters just because theres no more jobs for them.

I am impressed by the mind-washing system that makes you think a just world is built with capitalism. It surely isnt the world i want to live in and you only dare to think that way cause you lucked out in your country of birth.

If Canada was an european country without easy acess to the great one language mass market that is the US, you would be singing an oh-so different tune.

 


I hate to break it to you but you clearly don't know who I am or what my life's circumstances are. The province I grew up in had over a 25% unemployment rate coupled with an average salary that was less than half of the national average when I was a youth so I am damn familiar with poverty. We struggled to get by and life was difficult growing up. Guess what, my point still stands. This nation's prosperity has less to do with its proximity to America and more to do with the fact that (for a time) Canada was an extremely competitive marketplace that routinely outperformed America. At least that was true until the latest "conservative" administration increased corporate subsidies/welfare to a level that would give Mussolini a big rubbery one. I prefer liberal capitalism to fascist corporatism because it is more beneficial to the lower class as well as society as a whole. Capitalism allows for a tremendous degree of class mobility and that is very beneficial to those who live in poverty. Capitailsm typically allows for prosperous societies to flourish (hence why the most prosperous nations on the face of the Earth happen to be capitalist) and interfering with the free market by impossing subsidies also worsens class stratification resulting in increased poverty (again, something I'm familiar with). By shifting from true capitalism to a more corporatist-fascist system we effectively undermined the ultimate source of our wealth. Canada's prosperity can largely be attributed to our success in the free market whether you like it or not and I believe that we should embrace the system that made us wealthy to begin with.

The best part is that I am not even denying that communism is an extremely productive system that provides many benefits for lower class workers. I'm also not denying the necessity of social security either so your ridiculous tirade about anarchy and the elderly dying in the gutter is somewhat perplexing. Capitalism does not necessarily preclude the possibility of social security, collectivised health care or subsidised education. I am not arguing against any of those things, I'm making a point againt corporatism. Please don't try to extrapolate my stance on topics I don't directly address again because I'm not in the mood to debunk assertions that I'm against collectivised labour, unions, progressive taxation, etc... I'm merely pointing out the failures of fascist economics. Never make assumptions about my life's circumstances, my upbringing or my beliefs. I really don't know what you were trying to accomplish with this post.



Interesting read so far. I will give you my perspective of Living in Australia as most these examples seem to be from a US perspective.

1. Background - I moved here from eastern Europe with my parents to start a better life.

Before moving to Australia, my father used to work as a telecommunications tech officer and my mother would run an arcade.We sold the arcade, so we could afford flights to Australia. When we arrived in 1990 we basically had 4 suitcases and $2,000. Because my parents could not speak English, the only jobs they could get were minimum wage. My dad washed pots in a pie factor and my mum become a cleaner and had another day time job making food at a cafe.

Now come from what they had job wise, it would have been very easy for them to just say, fuck lets go back as at least in our own country I did jobs that I enjoyed. They stuck it out and now both work in a factory that pays decent money in decent jobs.

Their main goal was this - work hard to send me to a decent school and kick my brother and me in the ass to study hard, learn English and get decent careers so that we would not have to suffer as them.

They even own a house and people always ask how could you afford one? well the answer is simple, multiple jobs, no holidays for 15 years, and not wasting money on luxuries.


2. Skipping 20 years into the future

I graduated as an engineer and now have a decent job that pays well (will expand on this later too).

My brother n the other hand was a lazy sod and well he decided to get married young quit his studies and now has a shitty job.

Now we both had equal opportunity and if anything he had it easier than me as he was the younger one but look how things turned out differently.

Point I am making is in a country like Australia, anyone can make it or break it. It is about attitude, sacrifices, and not being lazy.

I see way to many people whinge about the things I have rather than the road I had to take to get to this point.


3. Wealthy people.

Now by all means I do not consider myself in the A league of the wealthy people that this topic is about, however I am well off to pay my bills on time (but have some issues with Australia's socialist to a degree life style, more on this later).

My opinion on the very wealthy is simple, they employee people like you and me. Without these people and their pockets, most of us would not be as well off as we are today. They are the ones who take huge calculated risks with their money and guess what it pays off most of the time and sometimes it doesn't.

Not all of them are asshole, Bill Gates is a good example of that, he donates so much money to research etc..


4. Australian Life style

This country is pretty laid back, mainly because we are so isolated from the world and most people here have not experienced hardship in my eyes and wouldn't know what do if they did.

In this country a plumber, plasterer, builder can make the same amount of money as an engineer. Do I have a problem with that? Absolutely not. However as a comparison these kind of jobs (well when I was living in eastern Europe) were considered the lowest of all forms and got paid shit accordingly. Hence why my parents drummed into me must use your brain and get a well paying job.

Now this is where I think it becomes unfair.

People who do not work, get a thing called the dole (so free money). However they can be on the dole indefinitely so there is no incentive to find a job. Unfortunately the dole has created a class of lazy people who just do not give a fuck about working. Hell watch enough of the news here, and some will admit that they do not ever have the intention to work, would rather go surfing and call the dole "their pay check". The other reason is, if you have enough kids on the dole, you can get almost the same money as minimum wage. To me this creates irresponsible parents who just have kids, to get more money for their paytv, smoking, drink and gambling addictions and the kids suffer because their parents can't afford to support them properly. These kids grow up brainwashed by their parents thinking that accepting hand outs i acceptable, therefore they don't even try to better their lives. On the rare occasions that one may try to better their lives, their families will bully them about them.

I have no problem with the dole concept for genuine cases like people with disabilities and as a temporary measure for people who fell on hard times. But when there is clear evidence of people exploiting the system then something is not right here when my taxes support these people.

Now I recently got promoted where my wage jumped by 20K pa. When I got the pay rise I was like "you beauty just have scored a jackpot". However the way our tax system works and "means testing" I actually take less money home now (NET) then I did when I was earning 20K pa less. To me this was a shock at first as you would think I worked hard to earn this promotion and now I am taking home less,

Reason for this:
- my taxable income jumped to the next bracket.
- lost my rebate on private health cover for me and my wife (so now I pay 30% more than I used to), and if I don't have private health cover, I have to pay an additional 1% medical taxes because "I earn to much".

On top of that, those who don't work get free health (they had the nerve t complain when the government wanted to change it to $7 payment for a visit to a GP when I pay $80 lol, and cheap subscription drugs).

For me now I am at a point a where there is no incentive for me to progress in my career, unless I can somehow get a 40K pa jump to offset all the lost benefits so that I can afford to send my kids to daycare.

Now lets move onto kids, people say when people get rich they have less kids because they are selfish, but that isn't entirely true.

For me to have kids I have to full support them. Someone who earns much less than me, or for that matter doesn't work, will get government rebates to send them to daycare. Daycare here is about $110 a day where I live, and you have to pay for the full month, or you loose your spot. So even if you take the child on a holiday for a month you still have to pay.

So the other option is this, my wife becomes a stay at home mother for the next 7 years. She becomes a burden on society who become irrelevant once the kids have grown up enough to go to school because she hasn't maintained her kills and becomes unemployable in here field that she studied her ass off to get a job in.

You would think that a smart government would be less socialist and discourage people on the dole from having kids. Working mothers SHOULD get a rebate to subsidies childcare so they go back to work quicker and remain a tax payer. In turn if professionals have more kids, don't you think they are more than likely to provide a better example that people who do not work? Those kids will become future tax payers that contribute to the country and not another burden sitting at home doing nothing.



Final Thoughts:

Now I know I went on a rant that was somewhat offtrack, but my point is valid.

Everyone in a developed country has the opportunity to better their lifestyle. The rich people we talking about now were just smarter and did it quicker. In the case of families with wealth, well they too were smarter and started many generations ago. My parent's parents and ancestors before them did not set the foundation for them, however mine were smart enough to make that choice, for their kids. So if my live gets worst then all I can blame is myself and not the richer people around me.

Family wealth (as big or small as it may be) should be inherited, because if your family isn't selfish, each generation should get richer and richer. After all you are here to leave a legacy not blow your money and tell your children to go fuck themselves.

If you distribute wealth, people who bettered their lives suffer and those who do not want to work at all will benefit. To me that is total BS. I worked hard to get to where I am today, and guess what I will try to make my kids life that little bit easier than I had it, because my parents did the same for me.



 

 

Aeolus451 said:
ironmanDX said:
Aeolus451 said:
ironmanDX said:
fatslob-:O said:
It's absolutely fair IMO ...

Most of the wealth is earned, not inherited and saying otherwise is denying ...

 

It's inherited by birth in a sense. Where you're born is very, very important.

 

A bum in the closest city can easily earn over $1.90 an hour. Let alone a day. 

No, it's comes down to intelligence and making the right choices. A person who's born into wealth can lose everything easily and a person who's born into squalor can rise out of it.

 

Here's a homeless girl who managed to graduate HS and go to harvard

http://abcnews.go.com/US/abandoned-teen-dawn-loggins-graduates-homeless-custodian-harvard/story?id=16520080

 

Here's another homeless girl who graduated HS and went to harvard

http://www.huffingtonpost.com/2013/12/24/khadijah-williams-homeless-harvard_n_4493490.html

 

This is what homeless can make if they use their mind in other ways

http://residentiallychallenged.blogspot.com/2012/06/how-much-does-panhandler-really-make.html

 

If someone has been poor their whole life, most likely it's their fault.

. Exceptions to the rule... Also, no Harvard in the poorest countries, is there? And a random link that jumps from $1.90 a day to a $500,000 home.... Please. Just read what I said, then reply. 

Not exceptitions but Proof there's no rule in the first place. People can still relocate if they don't like itor adapt better to their environment. It also depends on what they want as a person. What we consider poor might not matter in some countries because they live more off the land and are content with that lifestyle. 



 

Ah I see. Instead of replying to the whole comment(s), you pick a sentence and ignore the rest. This discussion is going nowhere! 

 

Perhaps you should travel more. 



ironmanDX said:
Aeolus451 said:

Not exceptitions but Proof there's no rule in the first place. People can still relocate if they don't like itor adapt better to their environment. It also depends on what they want as a person. What we consider poor might not matter in some countries because they live more off the land and are content with that lifestyle. 



 

Ah I see. Instead of replying to the whole comment(s), you pick a sentence and ignore the rest. This discussion is going nowhere! 

 

Perhaps you should travel more. 

 


My first response to you was because I disagreed with your post and I addressed everything in your replies to me. I travel plenty but you don't need to travel the world to understand human nature. *Shrugs



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Aeolus451 said:
MTZehvor said:
Aeolus451 said:
ironmanDX said:
fatslob-:O said:
It's absolutely fair IMO ...

Most of the wealth is earned, not inherited and saying otherwise is denying ...

 

It's inherited by birth in a sense. Where you're born is very, very important.

 

A bum in the closest city can easily earn over $1.90 an hour. Let alone a day. 

No, it's comes down to intelligence and making the right choices. A person who's born into wealth can lose everything easily and a person who's born into squalor can rise out of it.

 

Here's a homeless girl who managed to graduate HS and go to harvard

http://abcnews.go.com/US/abandoned-teen-dawn-loggins-graduates-homeless-custodian-harvard/story?id=16520080

 

Here's another homeless girl who graduated HS and went to harvard

http://www.huffingtonpost.com/2013/12/24/khadijah-williams-homeless-harvard_n_4493490.html

 

This is what homeless can make if they use their mind in other ways

http://residentiallychallenged.blogspot.com/2012/06/how-much-does-panhandler-really-make.html

 

If someone has been poor their whole life, most likely it's their fault.

You're using exceptions to attempt to disprove a rule. Poor children are far less likely to be able to attend quality schools or receive any sort of reliable tutoring from their parents. They are also far, far more likely to live in dangerous neighborhoods. As a result, they usually learn far less, they are able to focus far less on school, meaning that they are far less qualified to compete in the workplace. Their parents likely won't be rich enough to send them to college. Due to this they get low paying jobs, never make enough money to escape the low income status, and the cycle repeats. Over 70% of kids born poor stay poor throughout their entire life. 

Sure, there will ocassionally be the exceptional student who is gifted enough to overcome those obstacles, but the vast majority of kids aren't. I've worked with low income public schools before, and trust me, the idealized "American dream" (or Western Dream depending on where you live) is not attainable for everyone.

I'm attempting prove that there is no rule that people have to remain poor. It's literally their choice. 



It literally isn't, and I'm a little skeptical of whether you've ever studied poverty if you truly believe being poor is a choice in the majority of cases. Many poor people aren't that gifted. Many poor children never develop basic learning skills that can shape the rest of their lives. Many poor families can't afford college, meaning their kids are likely never going to get any sort of high paying job. Poor kids are far more likely to have abusive parents, drastically affecting their ability to interact with people (and hurting their chances of interviewing well for a job or anything similar). Poorer families are much more likely to require aid from newly working kids, meaning less time can be devoted to studying, and preventing them from saving as much as they could when they get out into the world. Poorer children are also less likely to learn basic financial planning.

You're correct that there is no rule that every single poor person will always remain poor. There is an extremely tangible relationship, however, and you're only fooling yourself if you think the reason why 70% of poor children remain poor throughout their life is just because "they chose to be poor."



MTZehvor said:

The definition is highly concerned with background equality. One of (admittedly several) definitons of fair, according to Dictionary.com:

Fair: "Without cheating or gaining an unjust advantage."

What I (and I believe OP) are referring to is that particular definition of the word. Fair, as we're using it, pertains to ensuring that no one has any sort of "unjust" advantage coming into a game, a competition, or in this case, life. As the world stands currently, billions of people are put at an unjust (which is simply a lack of what is morally right) disadvantage due to the world's past, i.e. colonialism, slavery, and simply where they are born. Thus, it is not "fair." That is all we're saying.

The past may have been the dark times as far as ethical concerns go but what would be considered international crimes is not unjust when it comes to playing the game known as economics ... (It does not care about morals either.) 

The world is as it is, "Let those with power dominate the weak." ...  

It maybe sad what happened in the past but there should be no excuses when a new generation has come upon us ... 



RadiantDanceMachine said:

Never suggested it. Your comment seemed very Trump-like. 

Was that supposed to be some ad hominem ? 

It's the opinion most captialists share BTW ...



MTZehvor said:
Aeolus451 said:
MTZehvor said:
Aeolus451 said:
ironmanDX said:
fatslob-:O said:
It's absolutely fair IMO ...

Most of the wealth is earned, not inherited and saying otherwise is denying ...

 

It's inherited by birth in a sense. Where you're born is very, very important.

 

A bum in the closest city can easily earn over $1.90 an hour. Let alone a day. 

No, it's comes down to intelligence and making the right choices. A person who's born into wealth can lose everything easily and a person who's born into squalor can rise out of it.

 

Here's a homeless girl who managed to graduate HS and go to harvard

http://abcnews.go.com/US/abandoned-teen-dawn-loggins-graduates-homeless-custodian-harvard/story?id=16520080

 

Here's another homeless girl who graduated HS and went to harvard

http://www.huffingtonpost.com/2013/12/24/khadijah-williams-homeless-harvard_n_4493490.html

 

This is what homeless can make if they use their mind in other ways

http://residentiallychallenged.blogspot.com/2012/06/how-much-does-panhandler-really-make.html

 

If someone has been poor their whole life, most likely it's their fault.

You're using exceptions to attempt to disprove a rule. Poor children are far less likely to be able to attend quality schools or receive any sort of reliable tutoring from their parents. They are also far, far more likely to live in dangerous neighborhoods. As a result, they usually learn far less, they are able to focus far less on school, meaning that they are far less qualified to compete in the workplace. Their parents likely won't be rich enough to send them to college. Due to this they get low paying jobs, never make enough money to escape the low income status, and the cycle repeats. Over 70% of kids born poor stay poor throughout their entire life. 

Sure, there will ocassionally be the exceptional student who is gifted enough to overcome those obstacles, but the vast majority of kids aren't. I've worked with low income public schools before, and trust me, the idealized "American dream" (or Western Dream depending on where you live) is not attainable for everyone.

I'm attempting prove that there is no rule that people have to remain poor. It's literally their choice. 



It literally isn't, and I'm a little skeptical of whether you've ever studied poverty if you truly believe being poor is a choice in the majority of cases. Many poor people aren't that gifted. Many poor children never develop basic learning skills that can shape the rest of their lives. Many poor families can't afford college, meaning their kids are likely never going to get any sort of high paying job. Poor kids are far more likely to have abusive parents, drastically affecting their ability to interact with people (and hurting their chances of interviewing well for a job or anything similar). Poorer families are much more likely to require aid from newly working kids, meaning less time can be devoted to studying, and preventing them from saving as much as they could when they get out into the world. Poorer children are also less likely to learn basic financial planning.

You're correct that there is no rule that every single poor person will always remain poor. There is an extremely tangible relationship, however, and you're only fooling yourself if you think the reason why 70% of poor children remain poor throughout their life is just because "they chose to be poor."

You know exactly what I mean by "they chose to be poor". A person even in their young life makes thousands of little choices that even add up and affect how their life will might play out. As they grow older, they have millions of possible choices they can make that can drastically alter their life. A person is not stuck in their situation and most of the time, they have the option to change it. Those two girls used the cards that life dealt them and changed their fate by those little choices. 

A person can't choose the situation they are born into or if they will get sick later on but for the most part, it's their life and they can choose to do what they want with it. That's includes staying in their situation or trying to better themselves. 



Cobretti2 said:

Now this is where I think it becomes unfair.

People who do not work, get a thing called the dole (so free money). However they can be on the dole indefinitely so there is no incentive to find a job. Unfortunately the dole has created a class of lazy people who just do not give a fuck about working. Hell watch enough of the news here, and some will admit that they do not ever have the intention to work, would rather go surfing and call the dole "their pay check". The other reason is, if you have enough kids on the dole, you can get almost the same money as minimum wage. To me this creates irresponsible parents who just have kids, to get more money for their paytv, smoking, drink and gambling addictions and the kids suffer because their parents can't afford to support them properly. These kids grow up brainwashed by their parents thinking that accepting hand outs i acceptable, therefore they don't even try to better their lives. On the rare occasions that one may try to better their lives, their families will bully them about them.

Am I the only person who sees this as some sort of dysgenic social engineering?

 

Now I recently got promoted where my wage jumped by 20K pa. When I got the pay rise I was like "you beauty just have scored a jackpot". However the way our tax system works and "means testing" I actually take less money home now (NET) then I did when I was earning 20K pa less. To me this was a shock at first as you would think I worked hard to earn this promotion and now I am taking home less,

Reason for this:
- my taxable income jumped to the next bracket.
- lost my rebate on private health cover for me and my wife (so now I pay 30% more than I used to), and if I don't have private health cover, I have to pay an additional 1% medical taxes because "I earn to much".


Doesn't this system strike you as being terribly counter productive. Shouldn't it be a priority to increase productivity because let's face it, that's kind of important.



So the other option is this, my wife becomes a stay at home mother for the next 7 years. She becomes a burden on society who become irrelevant once the kids have grown up enough to go to school because she hasn't maintained her kills and becomes unemployable in here field that she studied her ass off to get a job in.

Note to self, maintain murderous lifestyle. :P



You would think that a smart government would be less socialist and discourage people on the dole from having kids. Working mothers SHOULD get a rebate to subsidies childcare so they go back to work quicker and remain a tax payer. In turn if professionals have more kids, don't you think they are more than likely to provide a better example that people who do not work? Those kids will become future tax payers that contribute to the country and not another burden sitting at home doing nothing.


The great irony is that a proper communist society would:

A) oppose the dole and mandate that all able-bodied individuals contribure thier skills and labour
B) treat people equally and offer everybody childcare to allow more women to join the workforce
C) support professional men and women in order to promote hard work and vital skills
D) A and C make me giddy because all I can think of is your wife as a serial killer who is struggling to justify her murdorous ways despite the government's financial disincentivization


Final Thoughts:

Now I know I went on a rant that was somewhat offtrack, but my point is valid.

Everyone in a developed country has the opportunity to better their lifestyle. The rich people we talking about now were just smarter and did it quicker. In the case of families with wealth, well they too were smarter and started many generations ago. My parent's parents and ancestors before them did not set the foundation for them, however mine were smart enough to make that choice, for their kids. So if my live gets worst then all I can blame is myself and not the richer people around me.


The fact that wealth is earned is only partially true. Discounting luck entirely I can point out that in many countries corporate subsidies are creating markets that unfairly favor certain organizations and individuals.


Your insightful post makes a lot of good points (and made me chuckle thanks to today's best typo) kudos.