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Oxfam study: 1% of the world owns more than 99%: 1/25/2015 03:25:10


professor dead piggy 
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"I think that only intelligent people should be rich, but since there is not way to measure intelligence" In my experience, intelligence and interest in being rich are inversely corrleated. when Im making a quick estimate of someones intelligence i count poorness in their favour. So perhaps give money to people who want it least. I feel alienated from rich people, Im scared of their toxic influence, so perhaps give money to people who actively avoid it. That would also solve the poverty situation, and make a good dent in the 'feudal oligarchy' problem. Make sure to run it past sze first =D
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 03:27:56


{rp} Julius Caesar 
Level 46
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its actually 50% of the wealth is owned by the top 50 richest people.
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 03:29:13


Genghis 
Level 54
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Hey, I already know Sze's response :

Wealth redistribution. Your governments are lying to you. Rise up , workers of the world, unite! Destroy the evil threats of imperialism and fascism!
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 07:11:50


professor dead piggy 
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"what is the point?" Power and wealth is being taken from the majority by a minority. This minority doesnt use its power benevolently or compassionately, they use it violently and selfishly. As we are part of the majority, that does not benefit us or the people we care about. In order to protect ourselves and our interests we can mobilise to reverse the transfer, but individually we cannot make an impact. We have to work together. Oxfam is offering to be a coordinator so that we can excersize our power as a group.
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 07:27:06


Genghis 
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Leave it to Wiki Leaks. We don't need to " organize ". Hacker groups could probably easily hack into financial records and bank accounts and transfer the money to everybody equally.
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 12:25:22


szeweningen 
Level 60
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(...)being taken(...)

Elaborate please.
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 17:35:12


Dutch Desire 
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If the 1% would give there money to the 99%, then that would be catastrophic. Money would lose his value and the economy would be ruined. The 99% need to be poor in order to be willing to work. there are already way to manny people(5%)who have so much money that they could quit working and live from the money they have.

Humanity would be better of when the 0,1% of the world owns more than 99,9%
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 18:02:42


Жұқтыру
Level 56
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Perhaps humanity would be best if 0% of humans owns more than 100%?
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 19:25:39

(DELETEDMAGA)
Level 53
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yes, orange, you are correct, but only to an extent. The 99.9% still need to be paid enough to have a decent life, which would be impossible. In a perfect world, 10% would hold 50% of the wealth
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 20:35:06


Dutch Desire 
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"In a perfect world, 10% would hold 50% of the wealth"

If you only look the western countries, then it might be the case that around 10% of the western population is holding 50% of the wealth?
Oxfam study: 1% of the world owns more than 99%: 1/25/2015 20:51:40

(DELETEDMAGA)
Level 53
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Yep. Exactly. Those include countries like Denmark, Finland, and iceland
Oxfam study: 1% of the world owns more than 99%: 1/26/2015 00:08:39


professor dead piggy 
Level 59
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Do you agree that power and wealth is being concentrated but you disagree that its because a small group of people is actively taking it? I could replace "being taken" with "moving", it wouldnt make much difference to the question "whats the point of the oxfam video". I cant prove the shift in power is intentional and premeditated, though i think it is.

Just in case you were asking for examples that indicate the transfer of power and wealth: intelligence agencies spying on their own people. growing income disparity. wage stagnation in growing economies. Bank bail outs. The middle east wars. Government and business interests control of the media. Laws protecting whole industries and big businesses. Regulatory capture. prison industrial complex. military industrial complex. Police brutality/militarisation. Lack of interest in tackling global warming.
Oxfam study: 1% of the world owns more than 99%: 1/26/2015 08:15:53


myhandisonfire 
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Humanity would be better of when the 0,1% of the world owns more than 99,9%




In a perfect world, 10% would hold 50% of the wealth





Let`s ignore the people that know almost nothing about anything and argue with people that are smart enough to put the pieces together if they would only want to:


(...)being taken(...)


Elaborate please.


There is a MASSIVE shift of wealth towards the richest of the society.
Important tools used to accomplish such a despicable feat:


-Taxation, or better the lack of it

In the trillions:

http://www.ctj.org/corporatetaxdodgers/sorrystateofcorptaxes.pdf

-Wars, old British Empire tactics, socialized costs(military involvement) and privatized profits(ressource exploitation)

In the trillions:

http://www.reuters.com/article/2013/03/14/us-iraq-war-anniversary-idUSBRE92D0PG20130314

-Subsidies for the biggest market participants

In the trillions:

https://kellogg.nd.edu/publications/workingpapers/WPS/381.pdf

-Bail outs for the biggest market participants

In the trillions:

http://www.levyinstitute.org/publications/29000000000000-a-detailed-look-at-the-feds-bailout-by-funding-facility-and-recipient

http://www.theguardian.com/politics/reality-check-with-polly-curtis/2011/sep/12/reality-check-banking-bailout


This is by no means a comprehensive list. There are many more methods of reallocation of wealth and income from the hard working to the rich. For example, ordinances and laws that lower middle class competitiveness, Patent exploitation and more.

One could argue that it is rarely taken by the rich, but rather handed to them by corrupt law makers. But that really is a marginality. Don't you think?

Edited 1/26/2015 08:21:06
Oxfam study: 1% of the world owns more than 99%: 1/26/2015 15:03:31


{rp} Lord Storman
Level 55
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So many random percentages

So many pre-made opinions

So much stupidity

Ah well. Earth is fucked and I don't give a shit. If you need me I'll be in the forest digging a bomb shelter for the upcomming apocalypse. *whistles gleefully*
Oxfam study: 1% of the world owns more than 99%: 1/26/2015 16:41:06


Жұқтыру
Level 56
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I'm going to Albania; they have a bunker for every 5 people.
Oxfam study: 1% of the world owns more than 99%: 1/26/2015 16:42:52


{rp} Lord Storman
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My kind of country
Oxfam study: 1% of the world owns more than 99%: 1/26/2015 20:45:23


Dutch Desire 
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Just in case you were asking for examples that indicate the transfer of power and wealth: intelligence agencies spying on their own people. growing income disparity. wage stagnation in growing economies. Bank bail outs. The middle east wars. Government and business interests control of the media. Laws protecting whole industries and big businesses. Regulatory capture. prison industrial complex. military industrial complex. Police brutality/militarisation. Lack of interest in tackling global warming.
All these problems could be solved with real democracy, like they have in Switzerland.

One could argue that it is rarely taken by the rich, but rather handed to them by corrupt law makers. But that really is a marginality. Don't you think?
Also this problems could be solved with real democracy, like they have in Switzerland. When the inhabitants are the law make/vote for laws, then it's impossible to corrupt the "law makers".

"1% of the world owns more than 99%" is not the problem. The real problem is the fake democracy.
Oxfam study: 1% of the world owns more than 99%: 1/26/2015 22:24:08

(DELETEDMAGA)
Level 53
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i think myhandsonfire is a socialist...
Oxfam study: 1% of the world owns more than 99%: 1/27/2015 00:19:23


Жұқтыру
Level 56
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Socialism or death.
Oxfam study: 1% of the world owns more than 99%: 1/27/2015 04:45:54


Poseidó̱nas
Level 58
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It doesn't matter almost nothing any of you can do will change our world one bit. (unless your some billionaire or something if so I apologise)
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