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World Richest 62 people hold as much wealth as the bottom 3.5 Billion people

 
Halcyon Daze
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01/18/2016 12:09 AM
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World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
I'm certainly no socialist, but dat just ain't right...


[link to www.independent.co.uk]

Last Edited by Halcyon Daze on 01/18/2016 12:12 AM
Anonymous Coward
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01/18/2016 12:10 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
The devil's playground
Halcyon Daze  (OP)

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01/18/2016 12:14 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
The devil's playground
 Quoting: Anonymous Coward 70892725


Yeah, maybe.
BiGGEsmalls

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01/18/2016 12:19 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
That's fucked. 62 people? Same as 3.5billion people?

Each person has the wealth of 56.5 millon people!
BiGGEsmalls
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01/18/2016 12:20 AM

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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
Seems fair.
Not intended to be a factual statement.
Anonymous Coward
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01/18/2016 12:20 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
I wonder how many of them are Jews?
Anonymous Coward
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01/18/2016 12:23 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
Do you know what wealth is? If I have 1 dollar and no debt I have 'more wealth' than probably 50 million Americans.
drater

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01/18/2016 12:27 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
Anonymous Coward
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01/18/2016 12:30 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
I wonder how many of them are Jews?
 Quoting: Anonymous Coward 71260531


Jews are 0.02% of the world's population. Surely they are only 0.02% of the world's richest 62 people?
Nerve03

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01/18/2016 12:31 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
Yea it's pretty fucked until you realize that a couple billion people live on less than 2 dollars a day and that you yourself are super wealthy even though you may not feel very wealthy at all.
Anonymous Coward
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01/18/2016 12:41 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
it's misleading. They dont actually "hold the wealth" ---they control it, often to the benefit of others.

For example, say a billionaire owns a bunch of factories. That's a huge plus to his net worth --- but the factories are making goods and employing people. The worth is therefore being managed for the good of all....
drater

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01/18/2016 12:50 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
it's misleading. They dont actually "hold the wealth" ---they control it, often to the benefit of others.

For example, say a billionaire owns a bunch of factories. That's a huge plus to his net worth --- but the factories are making goods and employing people. The worth is therefore being managed for the good of all....
 Quoting: Anonymous Coward 27353051


In China, Bangladesh or Vietnam perhaps.
Then a clique forms, then a monopoly, then that's it...
Perhaps it's always been that way, and already is just an illusion of choice
drater

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01/18/2016 01:13 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
it's misleading. They dont actually "hold the wealth" ---they control it, often to the benefit of others.

For example, say a billionaire owns a bunch of factories. That's a huge plus to his net worth --- but the factories are making goods and employing people. The worth is therefore being managed for the good of all....
 Quoting: Anonymous Coward 27353051


In China, Bangladesh or Vietnam perhaps.
Then a clique forms, then a monopoly, then that's it...
Perhaps it's always been that way, and already is just an illusion of choice
 Quoting: drater


And for the XX% of the non-owners... there's a little hurdle of paying a fortune for a 'degree'
Anonymous Coward
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01/18/2016 01:30 AM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
Or...

People are so poor that if you gave them a dollar then that number changes.


How do you quantify hundreds of millions of people living in mud huts without water, electricity, or gas?
Halcyon Daze  (OP)

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01/18/2016 03:34 PM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
bumpfor the firstness of it.
Anonymous Coward
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01/18/2016 03:34 PM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
who owns the 62?
Halcyon Daze  (OP)

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01/18/2016 03:40 PM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
Yea it's pretty fucked until you realize that a couple billion people live on less than 2 dollars a day and that you yourself are super wealthy even though you may not feel very wealthy at all.
 Quoting: Nerve03


Nah..it's just pretty fucked period.
Halcyon Daze  (OP)

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01/18/2016 03:41 PM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
My one star slave does love me!
Halcyon Daze  (OP)

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01/18/2016 09:04 PM
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Re: World Richest 62 people hold as much wealth as the bottom 3.5 Billion people
5a





GLP