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1300 Folks Own 94% of Earth's Wealth
submitted 3 years ago by EndlessSunflowers from i.imgur.com
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[–]Druullus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago* (1 child)
Should the 1 300 sell the means of production they manage/own/control etc? Is there someone more capable of managing it? Where would the buyers get the money to pay them? Does the 1 300 consume 94% of the goods/services, do they accrue 94% of the expenses?
In 2020 the 2,095 billionaires were supposedly worth about $8 trillion: https://www.forbes.com/billionaires/
The market capitalization of the publicly traded companies worldwide was supposedly about $70 trillion in 2018 (is this all the wealth in the world): https://data.worldbank.org/indicator/CM.MKT.LCAP.CD?end=2019&start=1975&view=chart
The global GDP was supposedly about $85 trillion in 2019: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)#Lists
In 1995 the US federal/state governments owned about 35% of the land in the US. The US is supposedly the least communitarian country, how much does other countries governments own? https://www.nrcm.org/documents/publiclandownership.pdf
Are the "3.6bn people who make up the poorest half of the world" mostly children/the demented etc? Should they own/control/manage etc the means of production ?
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
Thanks for this.
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[–]Druullus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (1 child)
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)