196 @lemmy.blahaj.zone Tiger Jerusalem @lemmy.world 9mo ago

1300 Rule

35 comments

The asshole is out of the meme. I’ll allow it.
- There are better templates for that, though.
  
  For example:
Earth doesn't have any bills though, dues to the United Federation of Planets are set to start in 2161 at the earliest
- Honestly, we don’t even need to worry about the dues. Our planet has already dropped to a “C” level rating. The odds of Earth being recognized are now slim to none.
  
  We should have returned the Space Bucks.
  
  If we’re not careful, it’ll get demolished in favor of a space bypass.
- Why should we pay those dues when we're not even receiving any intergalactic highway funding?
It’s really frustrating to consider that the world would likely be a measurably better place if those 1300 people were permanently removed from the planet, but that it’s also effectively impossible to accomplish that goal.

Edit: anyways, read Ministry for the Future lol
- Unfortunately they would quickly be replaced by their heirs who would continue to employ the same business people to manage their empires. We need to change the system at the root, not just chop off the top.
  
  But if we kept going I'm sure they'd get the message at some point
To whom? To themselves,?
- Actually yes.
  
  And this kind of thing actually happens occasionally with discharged national debts or medical debts for example.
  
  https://www.reuters.com/article/africa-debt-idUSL5N11L42V20150916/
  
  But the systems still in place tend to just cause debts to rise again.
Where's the 94% from? That seems really high.
- In America alone, the top .1% capture over 90% of all newly generated wealth.
  
  It's just math over time until the concentration of wealth gets even denser.
  
  For reference, you need a net wealth of 25M to be in the top 0.1% in the US.
  
  https://escalon.services/blog/what-does-it-take-to-reach-the-top-0-1-income-earners/
  
  Could you source that? What timeframe are you taking about for newly generated wealth? During covid where all the stock prices were soaring?
- It’s disputed - reddit source from 3yr ago. (LibReddit mirror on SafeReddit dot com)
  
  Thanks. I have no idea how they came up with that number originally, seems like the calculations are several orders of magnitude smaller.
- Direct from someone's anus
  
  Yeah, at least 10 years ago the top 1.6k at least publicly owned 6.4T, making it 1.5% of 454T world wide net wealth.
  
  https://en.m.wikipedia.org/wiki/The_World's_Billionaires https://www.visualcapitalist.com/global-wealth-distribution/

35 comments