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Wealth inequality in America [video]

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Re: Wealth inequality in America [video]

#2
In before the flagging squad. Keep calm and remember: your job as a hacker is to eliminate as many jobs as possible and enjoy your cut of the productivity gains while you can :)

Edit: And sure enough, the story is getting penalized and is at the bottom of the front page :)

Re: Wealth inequality in America [video]

#3
What wasn't mentioned explicitly in the video, but was clear from the graphics, is that the top 1% owns more total money than the bottom 80% put together.

Not the top 1% versus the bottom 20 or 40%, not the top 20% versus the bottom 80%; no, the top 1% versus the bottom 80%, almost the entire population.

The US is clearly not owned by the American people anymore. It's owned by a tiny elite that's completely separate from normal society.

Re: Wealth inequality in America [video]

#4

In before the flagging squad. Keep calm and remember: your job as a hacker is to eliminate as many jobs as possible and enjoy your cut of the productivity gains while you can :) Edit: And sure enough, the story is getting penalized and is at the bottom of the front page :)

You call it "eliminating jobs", I call it "freeing up humans from doing pointless work"

The point of life isn't employment. There are so many incredible problems to solve in this universe. Humans are very smart and creative, and having them do any task that doesn't fully leverage their intelligence and creativity is a waste. That's why we automate.

Re: Wealth inequality in America [video]

#5
The country is no longer of its citizens, but is owned by an elite

The government works for the country's elite, against its citizens

Democracy is just all fucked-up... I thinks this is another sign showing that in the near future we will have to confront and evolve our society: our grandparents had 2 world-wars, we will have now our share of social change which I believe will be a "political-war"

Hope not, but all signs point into that same direction, all around the ocidental civilization

Re: Wealth inequality in America [video]

#6
post #4

In before the flagging squad. Keep calm and remember: your job as a hacker is to eliminate as many jobs as possible and enjoy your cut of the productivity gains while you can :) Edit: And sure enough, the story is getting penalized and is at the bottom of the front page :)

You call it "eliminating jobs", I call it "freeing up humans from doing pointless work" The point of life isn't employment. There are so many incredible problems to solve in this universe. Humans are very smart and creative, and having them do any task that doesn't fully leverage their intelligence and creativity is a waste. That's why we automate.

At present time: job = need money to survive in our current society

In an ideal future (not here, not now): job = personal development in some desired activity

So in the current reality we live in now, not having a job is (still) not freeing humans, its almost the reverse - its casting humans out of economic power, which in turn is reducing the humans ability to have a normal life

Re: Wealth inequality in America [video]

#7
post #3

What wasn't mentioned explicitly in the video, but was clear from the graphics, is that the top 1% owns more total money than the bottom 80% put together. Not the top 1% versus the bottom 20 or 40%, not the top 20% versus the bottom 80%; no, the top 1% versus the bottom 80%, almost the entire population. The US is clearly not owned by the American people anymore. It's owned by a tiny elite that's completely separate…

The big problem is the 1%'s lobbying power, and lobbying to increase/lift political spending, or these super pacs

Money is just playing way too large of role in the politics of the people

I think if we could fix democracy to be more fair the inequalities of wealth would reduce, but that is a steep up hill battle given the power they have :)

Re: Wealth inequality in America [video]

#8
Top 20% has 75% of wealth.

We redistribute equally.

4/5ths of the people now have 4 times as much money.

If they have one car, they could have 4 cars. If they have a $10,000 car, they can have a $40,000 car. If they have a $100,000 house, they can have a $400,000 house.

Everybody gets a $40,000 car and a $400,000 house.

DO NOT COVET

God says...

C:\TAD\Text\DARWIN.TXT

s. With respect to more ancient glacial periods, several geologists are convinced, from direct evidence, that such occurred during the miocene and eocene formations, not to mention still more ancient formations. But the most important result for us, arrived at by Mr. Croll, is that whenever the northern hemisphere passes through a cold period the temperature of the southern hemisphere is actually raised, with the winters rendered much milder, chiefly through changes in the direction of the ocean c

Re: Wealth inequality in America [video]

#9
post #3

What wasn't mentioned explicitly in the video, but was clear from the graphics, is that the top 1% owns more total money than the bottom 80% put together. Not the top 1% versus the bottom 20 or 40%, not the top 20% versus the bottom 80%; no, the top 1% versus the bottom 80%, almost the entire population. The US is clearly not owned by the American people anymore. It's owned by a tiny elite that's completely separate…

What percent of the total money do you think the top 1% should own?
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