Eight richest people as wealthy as poorest half of the world

[singular_me]

seeking profit is a smokescreen, always been... one cannot prevent a few to take over the world if profit seeking is an institutionalized premise. Any visible trend has its own much larger invisible mechanism... just like the iceberg, the tip is only a small part. While people were cheering the successful few, something more terrible was going on.

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Eight richest people as wealthy as poorest half of the world – Oxfam
16 January 2017 GMT

https://images.duckduckgo.com/iu/?u=https%3A%2F%2Fs-media-cache-ak0.pinimg.com%2F236x%2F61%2F4d%2Fc0%2F614dc0a55d2 4a9ceab7d639c358ce63d.jpg&f=1

The wealth of the 8 richest people on earth equals that of the poorest 3.6 billion, according to a report by Oxfam presented at the World Economic Forum in Davos. This vast wealth gap is a threat which may “pull our societies apart,” the report warned.

The list of the eight wealthiest individuals in the world, all men, comes from Forbes magazine’s billionaires list, and includes Microsoft founder Bill Gates, Facebook co-founder Mark Zuckerberg, and Amazon founder Jeff Bezos.

Others include Inditex clothing company founder, Amancio Ortega, investor Warren Buffett, Mexican business magnate Carlos Slim, Oracle’s Larry Ellison, and former New York City Mayor Michael Bloomberg.’
https://www.rt.com/news/373786-wealth-gap-oxfam-report/?utm_source=browser&utm_medium=aplication_chrome&utm_campaign=chrome

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https://cdn.rt.com/files/2017.01/original/5879803dc461888e618b45cd.jpg

Analyzing data from the Federal Reserve, the advocacy group Young Invincibles released a report Friday detailing the “significant generational declines in financial security between the Millennial and Baby Boomer generations.”
https://www.rt.com/usa/373652-millennials-earn-less-baby-boomers-report/

[palani]

It is possible to still be wealthy but trying to measure wealth in terms of money is contradictory as money is debt rather than wealth. It all depends on what the definition of a dollar is and right now the government just prints them. They don't bother to define them. That is your job.

So just to help you out here is my definition of a dollar:


One Dollar, fiction ... the wage paid to a man for working one day from sunrise to sunset.

How does this help a guy like Bill Gates (estimated to be worth 18 billion dollars)?

Well, there are 6 billion people on the earth's surface. Bill can hire each and every one of them for three full working days. After that is is as broke as everyone else.

[brosil]

Yes, but are they happy?

[Ares]

seeking profit is a smokescreen, always been... one cannot prevent a few to take over the world if profit seeking is an institutionalized premise. Any visible trend has its own much larger invisible mechanism... just like the iceberg, the tip is only a small part. While people were cheering the successful few, something more terrible was going on.

There is nothing wrong with seeking to profit off of your skill, knowledge, labor or product. It's what you do with that profit attempting to monopolize your industry to squeeze out smaller competitors, or to lobby legislators to pass laws to only buy your products. That's where it becomes an issue.

There is nothing wrong with being successful, it's what you do with that success that defines you.

[hoarder]

No mention of the Rothschilds or Rockefellers, just their front men. Disinformation.

[singular_me]

yeah we discuss that in length... and completely disagree.

tnx fo your input nonetheless


There is nothing wrong with seeking to profit off of your skill, knowledge, labor or product. It's what you do with that profit attempting to monopolize your industry to squeeze out smaller competitors, or to lobby legislators to pass laws to only buy your products. That's where it becomes an issue.

There is nothing wrong with being successful, it's what you do with that success that defines you.

[singular_me]

I have probed the issue for almost 2 years now and the huge success of lethal fiat money is the subjectivity of value. Can be inflated overnight.

a plumber can charge 40/H and another 15/H... the system can't be elastic enough. And many have to pay for that, even the hardest workers. Free market say otherwise and calls it competition, but the problem is the subjectivity of value.

The gold boom and mega bust in EU 700 years ago decimated 50% of the european population. As long as people think that value can remain forever stretchable to enrich themselves quickly, they will always try hard to fool others. Debt just makes it go faster.

Money being a time device above all. One cannot bent time Time is the eternal present. Too many projections into the future bring about misery. Speculating on the future doesnt work. Eventually kids or grand kids will be hit one way or another.



It is possible to still be wealthy but trying to measure wealth in terms of money is contradictory as money is debt rather than wealth. It all depends on what the definition of a dollar is and right now the government just prints them. They don't bother to define them. That is your job..

[singular_me]

right... with the them included: 15 (or so) richest people as wealthy as poorest 85% of the world


No mention of the Rothschilds or Rockefellers, just their front men. Disinformation.

[Horn]

Is a good argument for gold and silver money, the poor are able to beat it out of the rich when things get tight.

Don't let them know that though...

maybe beat were too harsh, I should have used demand it there. :)

[Ares]

yeah we discuss that in length... and completely disagree.

tnx fo your input nonetheless

You've discussed nothing and provided no real world working model of how to achieve your utopia.

But thanks for playing. :rolleyes:

[EE_]

No mention of the Rothschilds or Rockefellers, just their front men. Disinformation.

If the Rothschilds were included, it could have read, "one family holds 90% of the worlds wealth"

They are never mentioned in the moneyed people of the world.

[Ares]

If the Rothschilds were included, it could have read, "one family holds 90% of the worlds wealth"

They are never mentioned in the moneyed people of the world.

Nope, it's why I know these reports are absolute bullshit.

[EE_]

Nope, it's why I know these reports are absolute bullshit.

It really shows how many people are in on the scam.

[singular_me]

these reports are half-truths but for some they will become eye openers.

Truth hides in plain sight, therefore will ((their)) data never give you the whole picture in one and sole article.

I generally use them for spreading awareness in all my compilations and then at the end of the day, the puzzle gives the big picture

that was in 2008.... pyramidal subjective sense of value
http://i0.wp.com/www.mhealthtalk.com/wp-content/uploads/2013/01/ReplacingJobs4.png?w=720

[ximmy]

So the list includes all elite liberals who want socialism on the planet?

And they want their lesser, but uber-rich underlings to pay more taxes?

So commoners will have enough money to buy consumables that make the elite wealthier?

Did I get that right?

[hoarder]

So the list includes all elite liberals who want socialism on the planet?

And they want their lesser, but uber-rich underlings to pay more taxes?

So commoners will have enough money to buy consumables that make the elite wealthier?

Did I get that right?Wealth, power and influence are interchangeable. When the actions of the super rich don't make sense in economic terms, one has to see if they make sense in other terms. Rich Jewish capitalists financed communism. It was a power grab for their tribe.

[crimethink]

No mention of the Rothschilds or Rockefellers, just their front men. Disinformation.

They don't "own" great wealth...they only control it.

[crimethink]

Wealth, power and influence are interchangeable. When the actions of the super rich don't make sense in economic terms, one has to see if they make sense in other terms. Rich Jewish capitalists financed communism. It was a power grab for their tribe.

Only fools believe Communism is about "economics."

[hoarder]

They don't "own" great wealth...they only control it.It can be argued that ownership is control.

[palani]

It can be argued that ownership is control.

Then why does use not include usufruct?


USUFRUCT, civil law. The right of enjoying a thing, the property of which is
vested in another, and to draw from the same all the profit, utility and
advantage which it may produce, provided it be without altering the
substance of the thing.


USE, civil law. A right of receiving so much of the natural profits of a
thing as is necessary to daily sustenance; it differs from usufruct, which
is a right not only to use but to enjoy.