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Date: 04/15/13 10:35 AM

46 Responses to Global Wealth Inequality – What You Never knew

  1. Profile photo of ElectricEye
    ElectricEye Male 50-59
    2729 posts
    April 15, 2013 at 10:37 am
    Link: Global Wealth Inequality - What You Never knew - The extreme truth about how wealth is divided globally.
  2. Profile photo of Grendel
    Grendel Male 40-49
    6267 posts
    April 15, 2013 at 11:00 am
    "from reliable sources, like the UN"

    Everything thereafter can be ignored.

    Live`s not fair. All things are not equal. Deal with it.
  3. Profile photo of kingdomCome
    kingdomCome Male 18-29
    338 posts
    April 15, 2013 at 11:04 am
    and in other news: water is wet, the sun is hot...
  4. Profile photo of normalfreak2
    normalfreak2 Male 18-29
    4081 posts
    April 15, 2013 at 11:18 am
    "Live`s not fair. All things are not equal. Deal with it."

    Doesn`t mean we should do nothing and just accept it. What is wrong with you? That`s like saying "well yea the Earth could be hit by a Meteor and wipe out all of mankind. Meh who cares can`t do anything about it Universe is unfair." We have options, to simply say "deal with it" is disingenuous.
  5. Profile photo of MelCervini
    MelCervini Female 50-59
    2247 posts
    April 15, 2013 at 11:22 am
    Wahhhhhhh someone worked harder than I did and has more things than meeeee!!!
  6. Profile photo of Grendel
    Grendel Male 40-49
    6267 posts
    April 15, 2013 at 11:38 am
    normalfreak2-"Doesn`t mean we should do nothing and just accept it."

    I didn`t say you should do nothing. You`re free to do anything you want about it (within legal means, of course).

    YOU`RE free to tilt at all the windmills you want. You have no right to tell others what they must do.

    BTW..making a biased video stating the bloody obvious helps about as much as clicking `Like` on facebooks gets that little kid the heart transplant.

    normalfreak2-"well yea the Earth could be hit by a Meteor and wipe out all of mankind. Meh who cares can`t do anything about it Universe is unfair"

    Actually, THAT is something we CAN do something about.

    And the Universe is neither fair nor unfair. It has no opinion on the matter. It simply IS.
  7. Profile photo of Canoas
    Canoas Male 18-29
    427 posts
    April 15, 2013 at 11:42 am
    "You have no right to tell others what they must do."
    "Deal with it."

    Are you arguing with yourself? Because you just went full retard.
  8. Profile photo of AntEconomist
    AntEconomist Male 40-49
    356 posts
    April 15, 2013 at 12:26 pm
    This is unconscionable. One percent of the people generate 94% of the planet`s wealth. It`s time for the 99% to get off their asses and produce something.
  9. Profile photo of lauriloo
    lauriloo Female 40-49
    1803 posts
    April 15, 2013 at 1:11 pm
    "Wahhhhhhh someone worked harder than I did and has more things than meeeee!!!"

    Define "harder". A lot of wealthy people: inherited wealth (no work), were helped into a cushy job by their family (little work), their wealthy family sent them through a school that allowed them to get a high-paying job straight out of school (little more work) and finally a few people clawed their way from the bottom to the top (hell of a lot of work). Meanwhile, poor people work several jobs, take the bus long distances every day, do the crap jobs no one else will do because they are dangerous, boring, laborious or low paying. Many of those people have the ability to do the better jobs but without the money to get the education, role models to show them the way and personal connections that get them in front of the right hirers, they are stuck.
  10. Profile photo of HolyGod
    HolyGod Male 30-39
    6910 posts
    April 15, 2013 at 1:36 pm
    MelCervini

    "Wahhhhhhh someone worked harder than I did and has more things than meeeee!!!"

    Yes. Paris Hilton is rich because she is so smart and talented and has worked so hard.

    Meanwhile the kid starving to death in sub Saharan Africa is poor because he is a lazy f.uck.
  11. Profile photo of HolyGod
    HolyGod Male 30-39
    6910 posts
    April 15, 2013 at 1:40 pm
    "from reliable sources, like the UN"

    Everything thereafter can be ignored."

    That is such a stupid thing to say. You might not agree with the UN`s politics but are you really telling me you think they aren`t good at tracking global statistics?
  12. Profile photo of HolyGod
    HolyGod Male 30-39
    6910 posts
    April 15, 2013 at 1:49 pm
    AntEconomist

    "It`s time for the 99% to get off their asses and produce something."

    Don`t look at me. I`m in the top 1%.
  13. Profile photo of turbotong
    turbotong Male 18-29
    600 posts
    April 15, 2013 at 1:56 pm
    Well in those "poor" parts of the world, you don`t need as much wealth to buy the same things. I don`t know how that possibly gets factored into the calculation.
    From personal knowledge, I knew people in other countries who made the equivalent of $800 per month, but the local prices of apples cost 10 cents and housing was subsidized. They don`t have much wealth, but they don`t need it either.
  14. Profile photo of banur
    banur Male 18-29
    250 posts
    April 15, 2013 at 2:10 pm
    The inequality gap widens, but the question is how the overall wealth compared to the past developed.
    Are the poor people worse off than 100 years ago just because the gap is wider?
  15. Profile photo of Grendel
    Grendel Male 40-49
    6267 posts
    April 15, 2013 at 2:11 pm
    HolyGod-"That is such a stupid thing to say."

    Not at all.

    HolyGod-"You might not agree with the UN`s politics"

    I don`t.

    HolyGod-"but are you really telling me you think they aren`t good at tracking global statistics?"

    Oh, I`m positive they are very good at tracking global statistics.

    It`s them reporting them correctly and in an unbiased manner that I think is impossible for them to do.
  16. Profile photo of mervviscious
    mervviscious Male 40-49
    1793 posts
    April 15, 2013 at 2:17 pm
    it`s time to redistribute the wealth, either peacefully or violently...
  17. Profile photo of ferdyfred
    ferdyfred Male 40-49
    13631 posts
    April 15, 2013 at 2:51 pm
    kingdomCome

    and in other news: water is wet, the sun is hot...
    ---------
    Yes I fear my water is far too wet right now
  18. Profile photo of Grendel
    Grendel Male 40-49
    6267 posts
    April 15, 2013 at 3:01 pm
    mervviscious-"it`s time to redistribute the wealth,

    Earn as much wealth as you can, and redistribute THAT, as THAT amount is the only amount you have control over.

    The rest is not yours to distribute.

    mervviscious-"either peacefully or violently... "

    Attempt to redistribute that which you did not earn will lead to violently.
  19. Profile photo of HolyGod
    HolyGod Male 30-39
    6910 posts
    April 15, 2013 at 3:11 pm
    MeGrendel

    "Earn as much wealth as you can, and redistribute THAT, as THAT amount is the only amount you have control over."

    If we, as humanity, decided that no single person should be allowed to have over a billion dollars we could basically wipe out hunger, poverty, most diseases, most wars, and most human suffering.

    We would still have the extraordinarily wealthy but we could fix all of humanity too.

    Why is that such a horrible idea?
  20. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    April 15, 2013 at 3:20 pm
    Why is that such a horrible idea?
    Who are you to tell someone else how much wealth they can accrue? Seriously, what makes you so great that you have some mysterious right to impose your lifestyle choices on someone else?

    It`s like your proposed gun-control laws. Who are you to tell me to get a background check or to have a magazine with less than (X) number of rounds?

    This reasoning is no better than a Neocon attempting to criminalize gay marriage. Who are you to tell me who I can and cannot marry? Where do you get the "right" to do so?

    Can you answer this?
  21. Profile photo of Grendel
    Grendel Male 40-49
    6267 posts
    April 15, 2013 at 3:24 pm
    HolyGod-"If we, as humanity, decided that no single person should be allowed to have over a billion dollars we could basically wipe out hunger, poverty, most diseases, most wars, and most human suffering."

    Bull.

    You seem to think that it is a zero-sum game. It`s not.

    If you set a certain amount that an individual `allowed to have` (more on that below) called `X`, once `X` is reached, that person would quit producing.

    Take Bill Gates...tell him he can only have one billion starting from January first of this year. On April 8, 2013 at 9:11 am he would have shut all of his business and sent all of those employees home..why? He just made his billion.

    And, people are not `allowed` to have wealth. They generate it (or tranfer it from people that do), and it is theirs to do with what they will.

    Your `permission` is not required.
  22. Profile photo of mykunter
    mykunter Male 40-49
    2424 posts
    April 15, 2013 at 3:44 pm
    There is NOT a finite amount of money that everyone has to share. Wealth can be created! Jeez... why is this so hard to understand?
  23. Profile photo of OldOllie
    OldOllie Male 60-69
    15841 posts
    April 15, 2013 at 4:05 pm
    What a bunch of bull$#!+ socialist claptrap! The richest 1% haven`t "accumulated" 43% of the world`s wealth; they have CREATED it. If the rich didn`t have it, that does NOT mean that the poor would have it; it means that it simply would not exist, i.e., NOBODY would have it.

    That money in the hands of the poor would quickly be consumed, after which there would be NOTHING to show for it. In the hands of the rich, though, it is invested in large-scale wealth PRODUCTION -- mining, farming, manufacturing, and distribution -- that elevates EVERYONE`S standard of living INCLUDING THE POOR.

    You cannot make the poor rich by making the rich poor. If you try, you can only make EVERYONE even poorer. The poor in the US live better than the so-called middle class in any socialist $#!+hole in the world.
  24. Profile photo of Shelworth
    Shelworth Male 50-59
    388 posts
    April 15, 2013 at 4:06 pm
    I think a lot of these people didn`t pay attention in HS when they were supposed to be reading Animal Farm, Brave New World, 1984, etc.
  25. Profile photo of HolyGod
    HolyGod Male 30-39
    6910 posts
    April 15, 2013 at 4:14 pm
    MeGrendel

    "If you set a certain amount that an individual `allowed to have` (more on that below) called `X`, once `X` is reached, that person would quit producing."

    Agreed. However, I discussed this more in depth in a previous post. You are only allowed to have $1 billion at any given time. That does NOT mean you can only earn a billion period.

    You can spend it buying houses, buying boats, buying cars, starting new businesses. Then restock up to a billion. That would stimulate the economy and encourage more spending which leads to more jobs. It would be good for everyone.

    You could have the exact lifestyle you wanted, you just couldn`t horde extreme amounts of money.

    "Your `permission` is not required."

    You guys seem to say that as if I think I am some authority. I`m just postulating a hypothetical of a situation humanity as a whole agreed on.
  26. Profile photo of Dead-Kittens
    Dead-Kittens Male 30-39
    1127 posts
    April 15, 2013 at 4:17 pm
    I dont want to say its a bias statistic but reality is out of 100 people at least 5 are raging alcoholics, drug fiends, another 10 are on disability or welfare(not sure what the USA equivalent is).. Assuming none of those 100 people are underage or elderly dependent on social services.. theres also the sick, retarded and disabled people incapable of generating income...On the world stage does this include women in certain `traditional` countries that may not possess wealth?

    Im all for greater wealth distribution but prefer statements that include the details.
  27. Profile photo of HolyGod
    HolyGod Male 30-39
    6910 posts
    April 15, 2013 at 4:19 pm
    HumanAction

    "Who are you?"

    A guy having random hypothetical debates on the internet. DO I ever say I am who should be in control of any of this or that any of my ideas are the only way to do things?

    "Who are you to tell me to get a background check or to have a magazine with less than (X) number of rounds?"

    So no background checks? Get out of jail and stop by the gun store on your way home? This kind of ridiculousness is why it is so hard to keep guns out of criminals hands. People like you piss and moan if we want to find out if you are a criminal before you buy the gun.
  28. Profile photo of HolyGod
    HolyGod Male 30-39
    6910 posts
    April 15, 2013 at 4:24 pm
    HumanAction

    "This reasoning is no better than a Neocon attempting to criminalize gay marriage."

    That is such bulls.hit. In one post you are removing any credit or respect I usually set aside for your rational counterpoints.

    Poverty and hunger are life and death issues. Gun control is a life and death issue. Gay marriage is a pointless wedge issue so conservatives can drive homophobes and the overly religious to the polls.

    Whether or not two gay guys get married doesn`t adversely affect a single person on the planet except for the fact that they think it is gross.

    Over a million children will starve to death this month. Please don`t debase it by comparing it to gay marriage.
  29. Profile photo of HolyGod
    HolyGod Male 30-39
    6910 posts
    April 15, 2013 at 4:27 pm
    OldOllie

    "You cannot make the poor rich by making the rich poor."

    No s.hit.

    However $2 a day would certainly NOT make the poor rich however it would definitely help them survive and ensure clean water, food, and education.

    Capping income at a billion dollars would not make the rich poor by ANY measure of the word.

    I know you enjoy your hyperbole but try to put a cap on it once in a while.
  30. Profile photo of HolyGod
    HolyGod Male 30-39
    6910 posts
    April 15, 2013 at 4:29 pm
    mykunter

    "Wealth can be created!"

    Not by everyone. Some people don`t have that chance. How do we as a "moral" society accept them being treated worse then dogs at the pound?
  31. Profile photo of OldOllie
    OldOllie Male 60-69
    15841 posts
    April 15, 2013 at 5:09 pm
    "Wealth can be created!"

    Not by everyone. Some people don`t have that chance.
    That`s because they live in centrally planned socialist $#!+holes.
  32. Profile photo of Grendel
    Grendel Male 40-49
    6267 posts
    April 15, 2013 at 5:41 pm
    HolyGod-" I`m just postulating a hypothetical of a situation humanity as a whole agreed on."

    Okay. I don`t agree. So humanity `as a whole` did not agree.

    Even if you DID get 50.0000001% of the people to agree, the simple fact is you would not redistribute anything. That wealth over and above what they are `allowed` to keep would simply not be generated.

    Next unworkable idea?

    HolyGod-"However $2 a day would certainly NOT make the poor rich"

    Okay, you send $2 a day to some poor person in some poohole country run by a dictator or some such. You will be giving said dictator $730 a year,and the poor person will get nothing.
  33. Profile photo of EgalM
    EgalM Male 30-39
    1707 posts
    April 15, 2013 at 7:44 pm
    If the poor could make the changes needed, we wouldn`t be in this boat. I don`t see it happening in my lifetime.
  34. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    April 15, 2013 at 9:06 pm
    @HolyGod

    DO I ever say I am who should be in control of any of this or that any of my ideas are the only way to do things?
    No. Rather, you imply that someone with identical viewpoints "pull the trigger" for you. Please excuse me for not seeing the difference.

    So no background checks?
    Not the point at all. The point of my questioning is that you seem to be under the impression that your viewpoint is somehow superior and should therefore be implemented - forcefully - without any sort of authority to do so. Again, I ask you, who are you to make such an implication?

    In one post you are removing any credit or respect I usually set aside for your rational counterpoints.
    I really couldn`t care less what your opinion of me is; I will not lose any sleep over this I assure you.
  35. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    April 15, 2013 at 9:12 pm
    Poverty and hunger are life and death issues.
    Fine, let`s consider abortion then. In the rationale of many, this is also a life-or-death matter. Thus, it meets your requirements.

    For Neocons (generalizing), outlawing abortion saves millions of lives each year. Therefore, they justify that it is correct, despite having no authority to do so, because it saves lives.

    For you, redistributing the excess wealth saves millions of lives each year. Therefore, you justify that it is correct, despite having no authority to do so, because it saves lives.

    Where`s the difference?

    Please don`t debase it by comparing it to gay marriage.
    Oh yes - because anyone who compares marriage control to economic control is somehow debasing or devaluing the problem at hand; I suspect this is untrue. Rather, I suspect that you`re simply irritated that I`ve compared you to a Neocon.
  36. Profile photo of OldOllie
    OldOllie Male 60-69
    15841 posts
    April 15, 2013 at 10:46 pm
    HA, you really should look up the definition of Neocon before you throw it around like that. Otherwise, you just end up looking like an anti-Semitic bigot.
  37. Profile photo of Bakcagain21
    Bakcagain21 Male 18-29
    560 posts
    April 16, 2013 at 12:31 am
    Look at the BRICS, there a large part of this is down to how countries are run as well as resources in those countries. When the countries get more accountable government`s those countries can distribute the wealth better. Otherwise the money goes to some crackpot president and get`s hoarded back as they live it up in the west.
  38. Profile photo of CreamK
    CreamK Male 40-49
    1423 posts
    April 16, 2013 at 2:34 am
    """ "Wealth can be created!"

    Not by everyone. Some people don`t have that chance.

    OldOllie: That`s because they live in centrally planned socialist $#!+holes. """

    Right, and your country has the best social mobility around.. "if you want to live the American Dream, move to Denmark" on wise man once said.. USA is pisshole when it comes to opportunities provided evenly. But then again, you remarks have proven time and time again that you simply don`t want any equality because it makes you feel inadequate. Poor WILL consume, they pretty much HAVE to spend most of their money on food. Rich spend a fraction of their money, there is just so much person actually needs. So in that sense, poor creates the jobs while rich try to minimize expenses and thus destroy jobs.

    And who was that idiot that brought abortion to this discussion? Shame on you..
  39. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    April 16, 2013 at 5:51 am
    @OldOllie

    Otherwise, you just end up looking like an anti-Semitic bigot.
    Can you explain this further? I`d love to see the reasoning you`ve employed here to reach this conclusion.
  40. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    April 16, 2013 at 6:06 am
    @CreamK

    And who was that idiot that brought abortion to this discussion? Shame on you..
    Yes, shame on me for demonstrating that economic control and abortion control stem from the same fundamental motive: hypothetical social betterment.

    Shame on me for suggesting that we consider these recommendations objectively and consider that we are being hypocritical.

    Shame on me for relating economic control to social control and hurting everyone`s feelings.

    Shame on you for having no other retort than simply "shame on you".

  41. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17514 posts
    April 16, 2013 at 6:16 am
    I could tell this was European Socialist propaganda just by the way they spelled "Labour" and a few other catch phrases.

    CreamK: Socialism isn`t the answer, there will never be equal wealth distribution, never. So please get that utopian pipe dream out of your mind and focus on reality.

    Besides, who are the most philanthropic people on Earth? Those 300 people this video denigrate give millions of dollars every year to help the poorest.
  42. Profile photo of DinVen
    DinVen Male 30-39
    390 posts
    April 16, 2013 at 7:41 am
    Very informative video. A very relevant problem for mankind at the moment.

    Amusing when poor people defend the ultra rich.
  43. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    April 16, 2013 at 8:59 am
    Amusing when poor people defend the ultra rich.
    Even more amusing is when rich people (by global standards) imply that they are poor.
  44. Profile photo of OldOllie
    OldOllie Male 60-69
    15841 posts
    April 16, 2013 at 10:56 am
    @HA, since you seem to be incapable of using your computer for anything other than fapping and watching cat videos, I`ll do your research for you.

    Click here.
  45. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    April 16, 2013 at 11:31 am
    @OldOllie

    So that`s a "no" then... No, you cannot explain your reasoning any further; that`s pretty much what I had figured. Thanks for clearing up any hope I had that you might be at least slightly informed about your statements.

    Somehow, in an incredible twist of human reasoning, you`ve convinced yourself that considering an anti-abortion stance to be typical of the American Neoconservative movement means I hate Jewish people.

    I applaud you for reaching as far as humanly possible to satisfy your baseless comments. Congratulations my Neoconservative friend - you`ve earned it.
  46. Profile photo of MelCervini
    MelCervini Female 50-59
    2247 posts
    April 16, 2013 at 12:10 pm
    you REAAAAALLLY think Im talking about the people that DIDN"T work? thus why I clearly stated "someone worked harder than me"

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