Oxfam: World's 8 richest as wealthy as half humanity
1–10 of 44 posts
Re: Oxfam: World's 8 richest as wealthy as half humanity
#2Greed is good, baby...I mean poor people
Re: Oxfam: World's 8 richest as wealthy as half humanity
#3flagged but open discussion from last night:
Re: Oxfam: World's 8 richest as wealthy as half humanity
#4For the curious:
The eight individuals named in the report are Gates, Inditex founder Amancio Ortega, veteran investor Warren Buffett, Mexico's Carlos Slim, Amazon boss Jeff Bezos, Facebook's Mark Zuckerberg, Oracle's Larry Ellison and former New York City mayor Michael Bloomberg.
Re: Oxfam: World's 8 richest as wealthy as half humanity
#5> The eight individuals named in the report are [Microsoft's Bill] Gates, Inditex founder Amancio Ortega, veteran investor Warren Buffett, Mexico's Carlos Slim, Amazon boss Jeff Bezos, Facebook's Mark Zuckerberg, Oracle's Larry Ellison and former New York City mayor Michael Bloomberg.
With the exception of Ortega, Buffett and Slim, that's a lot of wealth concentrated in tech. Hmm...
Re: Oxfam: World's 8 richest as wealthy as half humanity
#6note that half of that lot have given pretty much all their wealth to charity. There is an argument that their ability to deploy that wealth to good effect is far greater than that of the american govt? In away - its a very positive message
Re: Oxfam: World's 8 richest as wealthy as half humanity
#7Isn't it more important to look at how the absolute wealth of the poorest, than the relative wealth?
Re: Oxfam: World's 8 richest as wealthy as half humanity
#8It's a little one sided, both in the Reuters piece, and in the media in general. Most journalist and politicians seems focused on the wealthy, but forget that the vast majority of people aren't poor because Mark Zuckerberg is rich.
Sure, the wealthy needs to pay their taxes, just like everyone else, but it's not going to magically pull 2 billion people out of poverty.
Re: Oxfam: World's 8 richest as wealthy as half humanity
#9This stuff gets eaten up in the UK by people like its crack cocaine and oxfam have an agenda to push to tunnel more funding their way.
Re: Oxfam: World's 8 richest as wealthy as half humanity
#10It's a little one sided, both in the Reuters piece, and in the media in general. Most journalist and politicians seems focused on the wealthy, but forget that the vast majority of people aren't poor because Mark Zuckerberg is rich. Sure, the wealthy needs to pay their taxes, just like everyone else, but it's not going to magically pull 2 billion people out of poverty.
absolutely right - wealth distribution isn't a zero-sum game