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posted by
martyb
on Saturday January 27 2018, @12:43PM
from the I-got-mine!-And-Yours.-And-Yours.-Annnnnd-yours,-too. dept.
from the I-got-mine!-And-Yours.-And-Yours.-Annnnnd-yours,-too. dept.
The 1% grabbed 82% of all wealth created in 2017
More than $8 of every $10 of wealth created last year went to the richest 1%.
That's according to a new report from Oxfam International, which estimates that the bottom 50% of the world's population saw no increase in wealth.
Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work.
"The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system," said Winnie Byanyima, executive director of Oxfam International.
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Only 1% of World's Population Grabbed 82% of all 2017 Wealth
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And tomorrow will be like today, only more so.
-- Isaiah 56:12, New Standard Version
(Score: 3, Informative) by therainingmonkey on Saturday January 27 2018, @04:42PM (4 children)
> Check the percentage of poor people that actually attempt to make the world a better place for anyone but themselves and their family, even if only within their available means. I guarantee it's not going to be as high as those of greater means.
We'd all like this to be true, but it isn't. As a proportion of their income, the poor give far more to charity than the rich, in the US and in the UK. If anyone has more data, I'd love to see it.
https://www.theguardian.com/society/2001/dec/21/voluntarysector.fundraising [theguardian.com]
https://www.theatlantic.com/magazine/archive/2013/04/why-the-rich-dont-give/309254/ [theatlantic.com]
(Score: 2) by The Mighty Buzzard on Saturday January 27 2018, @06:08PM (3 children)
A) Your sources are off-the-charts far from unbiased towards your position.
B) I think Gates alone kind of blew that claim for you.
My rights don't end where your fear begins.
(Score: 2) by Reziac on Saturday January 27 2018, @08:04PM
And Soros recently blew the living shit out of it for everyone, but I wouldn't exactly call his monetary contributions 'toward making the world a better place'.
And there is no Alkibiades to come back and save us from ourselves.
(Score: 4, Interesting) by Gaaark on Saturday January 27 2018, @09:54PM
But Billy's philanthropy isn't really philanthropy, to me, it is business and profit.
With Microsoft giving software, B&M Gates give computers to poor schools (Detroit), but it's not charity: there are strings attached. The school can't put Linux on them (not MS approved software), can't use libre office, etc. To me, that's not charity.
They invest in companies in, say, India that give them amazing ROI, but pollutes the air, ground and water: so they give 'free' immunization shots to the people they are killing.... that's not philanthropy....
....not a Gates fan.
But they get honoured as Great Philanthropists. Fuck off. Gates can lick my nuts. He's in everything for personal profit and "what a great guy!"
--- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---
(Score: 0) by Anonymous Coward on Sunday January 28 2018, @01:06AM
You have a unique ability to dismiss any and all evidence you don't like. It is hilarious that you can't see this and pretend to be purely rational.