They wrote an article about a single 1 time redistribution of wealth from the SINGLE richest person in the country to ALL the lower class in that same country to try an make this seem like a much smaller value and minimize the perceived impact of such an idea. If they would have redistributed the wealth of the top 10% in each country the numbers would have been vastly different.
The richest 1% now own over half the global wealth and consume magnitudes more resources and do so off of the backs and sweat equity of the lower classes.
Iâm not really for wholesale redistribution, but I hate dishonest spin, and I know that something has to be done about the growing wealth gapâŚI am for progressive increasing tax tiers and a social safety net. The average family has a hard time providing for themselves even with 2 full time workers, things cannot continue as they have or we are headed for some dark times.
fair enoughâŚand the article is quite stupid. their main point:
What?!?! you mean to tell me that dividing one persons wealth by the poor in a country of 1.286 billion which higher poverty rates is a lower number then dividing by the poor in a country of 9.59 million with some of the best social nets and wealth redistribution and one of the lowest poverty rates in the world?
Some of you may not be for wholesale redistribution, but given the vile antics of the ruling class, Iâm all for a comprehensive suite of extremely punitive measures - French revolution style.
