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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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squatcho, n.:
The button at the top of a baseball cap.
-- "Sniglets", Rich Hall & Friends
(Score: 2) by Aiwendil on Saturday January 27 2018, @05:31PM (2 children)
As I wrote in the next paragraph - if it is a good thing or not depends on your beliefs.
But sure - let's run with your ad absurdum, this would mean you also are against any and all taxes and conscription-style military service.
And how did you get to "/forcing/ one man to work" (and driving that to slavery?)? The man is allowed to accept less pay, give money away, do another job or even working less or not at all (neither of which was/is included in slavery).
The system has dimininishing returns simply enough - so past a certain point you'll mainly just do a job for the joy of it (relative to other activities).
(Score: 3, Insightful) by The Mighty Buzzard on Saturday January 27 2018, @06:48PM (1 child)
Yes, I am. I'm also a realist though and realize the former is unlikely to happen, so I'm willing to accept progress towards perfection rather than demanding perfection.
Thought it needed no explaining but if it does I will. When you take the product of a man's labor you have effectively said to him "your labor during this period was not for yourself but for me". Call it retroactive slavery or theft or whatever you like but do not call it moral.
My rights don't end where your fear begins.
(Score: 2) by Aiwendil on Saturday January 27 2018, @08:33PM
Ahh, you being completly against taxes leaves us at an impasse and we can't never really understand each other's point of view on this subject (with that being said, it is nice arguing with you). Personally I consider taxes to be useful, guess that is a sideeffect of the benefits that gives you over here (sweden).
Out of curiousity - how would you fund stuff like roadconstructions, enviornmental agencies, powergrids, police, fire departments, food and water standards and such?
Slavery is something completly different then, and is a bad rethoric.
Theft - depends on how you see taxes, from your POV it is theft from my POV it is sane.
It is moral (really, look up what the word mean) - if it is good or bad however depends on which moral you apply.