- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
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This is not like when ordinary people double their money. They already have an unimaginable amount of wealth, so doubling it is adding another unimaginable quantity. This is a good illustration:
Remember that those boxes need to be twice as long now (but not our box).
yea doubling wealth for a couple of these individuals likely means significantly decreasing wealth for a big chunk of middle class people.
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Should classify people who hoard wealth mentally unstable. What’s the difference between hoarding fake little pieces of green paper and shoes? Evidently hoarding shoes won’t make you a powerful demigod.
There’s very little actual paper. It’s just numbers on a computer screen. They’re hoarding numbers made of light. Resulting in the rest of us getting screwed.
There’s very little light. They’re hoarding bits of electromagnetic patterns on silicon wafers and platters shoved into noisy boxes
One day, I’m going to dive and swim in a giant vault filled with my own hoard of electromagnetic bits. Then people like me better watch their step!
Like this?
Its a high score video game for them.
They’re hoarding IOU claims on resources.
That’s why it’s a problem for everybody else.
It they were just meaningless numbers with no real link back to things which are scarce, it would be absolutelly fine (unhealthy for them but fine for everybody else).
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Keep in going down layer after layer and you’ll ultimatelly find it’s all ownership claims on limited resources and the products made from such resources and trillions of man hours of work (which in turn also boils down to the resource which is “time”, specifically “fractions of human life”).
Also there’s quite a lot of things directly and indirectly owned that whilst abstract and naturaly infinite, were made scarce by Laws, such as copyrighted materials (which could otherwise be freely duplicated) or brands who are only worth something due to trademark (as otherwise anybody could use any brand mark, so brand marks would have no recognition or trust value).
No, we really shouldn’t, not everything you don’t like is a “mental illness” and using it in this way just makes light of real mental illness and deepens the existing stigma against those who actually have it.
Being a selfish and privileged fuck is not a mental illness, it is the product of a system deliberately designed to enable their existence and behaviour.
I think being selfish is a fucking mental illness, it hurts the person and society in the long run.
This is not meant in jest, and it’s not just because I don’t like it, there is really something wrong with someone who could buy the world multiple times over and still feel like they need more money. They are mentally unstable to want all of something. You don’t need all of something.
So again, what is the difference between someone who needs all the bottle caps in the world and someone who needs all the money?
So again, what is the difference between someone who needs all the bottle caps in the world and someone who needs all the money?
Having all the bottle caps literally provides you with nothing while having all the money gives you ultimate and unlimited power over everyone else on the fucking plant, are you being serious right now?
Also, and again - “not right” doesn’t equal mental illness, no matter how many times you repeat it.
I seriously doubt you’re a trained psychiatrist or even psychologist, stop armchair diagnosing, and you are also wilfully and deliberately ignoring all of the systemic influences that create billionaires and their psychology, you don’t have the knowledge nor the tools to make the assertions you’re so confidently making and by doing so throwing mentally ill people under the bus, all because the world is too complex and uncomfortable for you to deal with without finding a scapegoat.
I am saying mentally unstable. You are the one throwing illness around.
it’s crazy how obsessed the american founding fathers were with protecting private property, as if it was the end-all, be-all value of the time.
Sooo when do we stsrt eating them?
everybody jokingly says eat the rich but i happen to mean it
I never joke about eating the rich.
What makes you think anyone is joking?
the lack of burping from the middle class
They probably taste horrible, but if we all eat our share then it won’t be too big of an issue.
Business idea: start selling billionaire sauce. Slogan: for when you have to eat the rich.
They’re familiar with the phrase. That’s why they have so much security detail.
One of these, though, one of them is going to slip up and be in the wrong place and the wrong time. Then it is only natural that they are killed.
I know we’re not supposed to incite violence on this platform. What I’m talking about is simply an historical cycle and it will inevitably happen.
where in the fuck can we incite violence then? we need to be inciting some violence before the violence is incited upon us.
No, the more likely scenario is that one group of them convinces a bunch of useful idiots to kill their peers that make slightly more creating a brain drain and destroying the host country while the actual billionaires jump ship like rats.
the message needs to spread across the globe so there’s no safe place for them. that’s what the internet was supposed to do - connect all the people.
I’d rather mulch mine, but same.
Sautéed or grilled?
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no, instead space billionaires. first of all any given person is rich when compared to a poor enough person. moreover spacing is much more fun.
This is the best summary I could come up with:
Highlighting a dramatic increase in inequality since the Covid pandemic, Oxfam said the world’s billionaires were $3.3tn (£2.6tn) richer than in 2020, and their wealth had grown three times faster than the rate of inflation.
Mirroring the fortunes of the super rich, it also says business profits have risen sharply despite pressure on households amid the cost of living crisis.
The world’s richest 1% own 59% of all global financial assets – including stocks, shares and bonds, plus stakes in privately held business.
Aleema Shivji, Oxfam’s interim chief executive, said: “These extremes cannot be accepted as the new norm, the world can’t afford another decade of division.
Extreme poverty in the poorest countries is still higher than it was pre-pandemic, yet a small number of super-rich men are racing to become the world’s first trillionaire within the next 10 years.
Governments worldwide are making deliberate political choices that enable and encourage this distorted concentration of wealth, while hundreds of millions of people live in poverty.
The original article contains 698 words, the summary contains 165 words. Saved 76%. I’m a bot and I’m open source!
And people still buy into “they’re a business and they need to make money!”
Where does that money go? Big picture, where does it go?
Elon Musk
Bernard Arnault
Jeff Bezos
Larry Ellison
Mark Zuckerberg
saved you a click
They got the TV, we got the truth
They own the judges and we got the proof
We got hella people, they got helicopters
They got the bombs and we got the, we got the
We got the guillotine
We got the guillotine, you better run
Cry some more
Imagine thinking a natural biological expression of sadness and grief is an insult. Masculinity so fragile you can almost taste it right through the internet!
If that’s crying then it sounds like you’re crying too lol
It’s a song. Say aren’t you spez from NAMBLA?
Dang, I wonder if that money will ever come back into circulation with former taxation on their wealth. No? Okay just increase that money copier and keep inflation going BABAY!
poorest get poorer
So you mean to tell me that those with no money or possessions have somehow attained negative value?
It’s called debt and yes. People are turning to Credit Cards and Payday Loans to make the bills.
Also, wealth does not only come from the amount of assets yoi have, your net income plays a big role in that as well.
It does have a lot to do with total assets though.
Because at a certain point all assets(capital) generates its own money. It’s the very basis of Capitalism.
Bill Gates total income didn’t double during COVID. His assets just are worth a lot twice as much. Therefore he now is worth twice as much, and his assets generate twice as much wealth thereby compounding the issue.
How can you get a credit card or a loan if you have bad or no credit (aka likely someone who is the poorest of the poor)
Go look at places like cashnetusa. They’re the only kind of places that will work with the people you described and they have like 400% interest rates.
You take out a loan of $1,000 and get trapped for years.
I saw something that said if you have $0, you are wealthier than X% of people in the US simply because you do not have debt.
Don’t need an article to tell me that, I can feel it in my back pocket.
