• bane_killgrind@lemmy.ml
    link
    fedilink
    English
    arrow-up
    2
    ·
    1 year ago

    His math is off, at least for the US. You are in New Zealand so it’s probably less bad for you. https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_United_States#:~:text=As of late 2022%2C according,a total of %2443.45 trillion.

    Distribute that 4.5 trillion between 330 million people and you only get 10000. You would need to take 45 trillion from the top 1% to give everyone else 100000

    It’s still absurd how much money they have.

    • Fizz@lemmy.nz
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      I’m interested in how and why they think it will be distributed cause it seems to me that it wouldn’t flow to the bottom

      • bane_killgrind@lemmy.ml
        link
        fedilink
        English
        arrow-up
        3
        ·
        edit-2
        1 year ago

        Oh wow yeah let’s get right on crafting a transition plan into billionaires theoretically not existing wow what a great idea. I had thought he was just demonstrating how much wealth they have captured with a thought experiment but oh boy, you specimen of progress, you actually want to do it! How brave.

        Cunt.

          • bane_killgrind@lemmy.ml
            link
            fedilink
            English
            arrow-up
            2
            ·
            1 year ago

            Corps like Marlboro advertised their products were healthy for years, don’t suggest that corps don’t cause problems or won’t cause problems. Billionaires direct the actions of corps and use them as shields for liability.

            • Fizz@lemmy.nz
              link
              fedilink
              arrow-up
              1
              ·
              11 months ago

              I don’t think I did suggest that corps won’t cause problems. I was going to try make the point that if there were no billionaires then that wealth would flow to the pockets of corporations not the everyday person.

              • bane_killgrind@lemmy.ml
                link
                fedilink
                English
                arrow-up
                1
                ·
                11 months ago

                People own corps. If it’s billionaires or a trade union owning the corp, it’s a little different.