• Toes♀@ani.social
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    6 months ago

    It’s societal cancer, imagine an organism that allows a few cells to monopolize most of the nutrients. You’d cut it out to save the host, but this has metastasized. The immune system has been reprogrammed to defend the cancer.

  • floofloof@lemmy.ca
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    6 months ago

    This is not like when ordinary people double their money. They already have an unimaginable amount of wealth, so doubling it is adding another unimaginable quantity. This is a good illustration:

    Wealth shown to scale

    Remember that those boxes need to be twice as long now (but not our box).

    • iAvicenna@lemmy.world
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      6 months ago

      yea doubling wealth for a couple of these individuals likely means significantly decreasing wealth for a big chunk of middle class people.

  • citizen@normalcity.life
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    6 months ago

    This is getting out of hands, economy and society are crumbling and everyone can see it with their own eyes. At this point is in the interest of any political party to stop billionares amassing wealth.

    • Aceticon@lemmy.world
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      6 months ago

      Personal upside maximization for professional sellers of ideas (aka politicians) is in using the power they attain through selling ideas to do favours for people who can pay them back the most.

      Guess who can, in a money-centric society, be the most generous to friendly politicians… I’ll give you a hint: it’s not the poor, the working class or even the middle class.

  • bstix@feddit.dk
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    6 months ago

    It’s a system fault. Nobody earns a billion. No matter how willing you are to screw over other people, a billion can not be earned. Even if you were stealing every cent from your dying grandmother and all the ophans in the world, you’d still have to actually do it. Nobody lives long enough to have time to steal all that money.

    It’s also meaningless to try to spend that amount of money. It makes no sense to even try.

    The money is multiplying by itself due to some error.

    I suppose we found out what happens when dividing by zero.

    • maness300@lemmy.world
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      6 months ago

      due to some error.

      The error is people think this is how things should be.

      Most people believe the disparity in wealth should grow, so that’s what it does.

      They also get mad when you point it out.

      • bstix@feddit.dk
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        6 months ago

        I explicitly said that it’s not stealing.

        It’s an error in the evaluation of companies. The comparison to div/0 is a humouristic explanation of what happens. The worth is never divided. Even the owners are only capable in a lifetime to pull out enough money for themselves to use even a tiny fraction of the worth, close to zero percent of the totals. The money is simply multiplying faster than it can be divided. That’s the error.

        Ordinary people can’t survive by using only 0.00000001% of their income.

  • maness300@lemmy.world
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    6 months ago

    And people still buy into “they’re a business and they need to make money!”

    Where does that money go? Big picture, where does it go?

  • k-rad@lemmy.world
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    6 months ago

    They got the TV, we got the truth

    They own the judges and we got the proof

    We got hella people, they got helicopters

    They got the bombs and we got the, we got the

    We got the guillotine

    We got the guillotine, you better run

  • FeetinMashedPotatoes@lemmy.world
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    6 months ago

    Dang, I wonder if that money will ever come back into circulation with former taxation on their wealth. No? Okay just increase that money copier and keep inflation going BABAY!

    • Haagel@lemmings.world
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      6 months ago

      They’re familiar with the phrase. That’s why they have so much security detail.

      One of these, though, one of them is going to slip up and be in the wrong place and the wrong time. Then it is only natural that they are killed.

      I know we’re not supposed to incite violence on this platform. What I’m talking about is simply an historical cycle and it will inevitably happen.

      • kromem@lemmy.world
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        6 months ago

        No, the more likely scenario is that one group of them convinces a bunch of useful idiots to kill their peers that make slightly more creating a brain drain and destroying the host country while the actual billionaires jump ship like rats.

        • Masterblaster@kbin.social
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          6 months ago

          the message needs to spread across the globe so there’s no safe place for them. that’s what the internet was supposed to do - connect all the people.

      • Masterblaster@kbin.social
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        6 months ago

        where in the fuck can we incite violence then? we need to be inciting some violence before the violence is incited upon us.

    • Cethin@lemmy.zip
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      6 months ago

      They probably taste horrible, but if we all eat our share then it won’t be too big of an issue.

    • iAvicenna@lemmy.world
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      6 months ago

      no, instead space billionaires. first of all any given person is rich when compared to a poor enough person. moreover spacing is much more fun.

  • CaptKoala@lemmy.ml
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    6 months ago

    Don’t need an article to tell me that, I can feel it in my back pocket.

  • AutoTL;DR@lemmings.worldB
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    6 months ago

    This is the best summary I could come up with:


    Highlighting a dramatic increase in inequality since the Covid pandemic, Oxfam said the world’s billionaires were $3.3tn (£2.6tn) richer than in 2020, and their wealth had grown three times faster than the rate of inflation.

    Mirroring the fortunes of the super rich, it also says business profits have risen sharply despite pressure on households amid the cost of living crisis.

    The world’s richest 1% own 59% of all global financial assets – including stocks, shares and bonds, plus stakes in privately held business.

    Aleema Shivji, Oxfam’s interim chief executive, said: “These extremes cannot be accepted as the new norm, the world can’t afford another decade of division.

    Extreme poverty in the poorest countries is still higher than it was pre-pandemic, yet a small number of super-rich men are racing to become the world’s first trillionaire within the next 10 years.

    Governments worldwide are making deliberate political choices that enable and encourage this distorted concentration of wealth, while hundreds of millions of people live in poverty.


    The original article contains 698 words, the summary contains 165 words. Saved 76%. I’m a bot and I’m open source!