Annual income of richest 100 people enough to end global poverty four times over
1–10 of 76 posts
Re: Annual income of richest 100 people enough to end global poverty four times over
#2We all know it's just not that simple...
Re: Annual income of richest 100 people enough to end global poverty four times over
#3So, shall we just arrest the richest 100 people, confiscate their wealth, and solve all the world's problems at once?
Re: Annual income of richest 100 people enough to end global poverty four times over
#4OK, and the annual income of the rest of the world is enough to end it how many times over, exactly? I can guarantee you, more than four.
Re: Annual income of richest 100 people enough to end global poverty four times over
#5The larger issue is that programs to end poverty haven't done what they have advertised to do. Poverty in Africa is getting worse in many areas as the level of aid has increased. I hesitate to start taking people's money who I don't know and just assume aren't doing anything better with it to fund programs that have poor track records. It'd be more exciting if they tried to fund these things voluntarily and then people can decide freely if they think someone can end poverty. They won't but it'd just be more interesting.
The other more obvious point is that this nonprofit is claiming the world is under serious problems and that taking money from others to give to them will fix it. That is sort of a naked appeal to tax others and put it in their pockets.
Re: Annual income of richest 100 people enough to end global poverty four times over
#6OK, and the annual income of the rest of the world is enough to end it how many times over, exactly? I can guarantee you, more than four.
But how much of the rest of the world can afford to give up a year of income? For the richest people in the world, that's a lot easier.
Re: Annual income of richest 100 people enough to end global poverty four times over
#7Yeah, and most of these rich people are also huge philanthropists that donate massive sums to charity.
Re: Annual income of richest 100 people enough to end global poverty four times over
#8What a ridiculous assertion. So the implicit claim is that 60 billion (per year?) is all it takes to end extreme poverty. Does anyone actually think increasing aid by that amount would actually have that effect? Is it really as simple as writing a cheque?
Re: Annual income of richest 100 people enough to end global poverty four times over
#9OK, and the annual income of the rest of the world is enough to end it how many times over, exactly? I can guarantee you, more than four.
if you got 100 000 cakes that you must eat them all in 1 month and i take away from you 10 cakes or even 1000 did it really matter to you?
if you got 2 cakes for a month and i take away 1 does this matter?
Re: Annual income of richest 100 people enough to end global poverty four times over
#10Peoples definition of poverty changes over time.