If this doesn't shake you, nothing will
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Jun 14, 2017
(Quote)
A 2015 study by Oxfam found that 1 percent of humanity now controls over half the world's wealth, and the top 20 percent owns 94.5 percent. In short, 80 percent of the world gets by on just 5.5 percent of the world's wealth.
(End quote)
view previous comments
Long Time Lurker
frijole, You have consistently suggested, the US is not worthy of a better society. You have made statements that wealth creation is what is important and that the wealth should go to the top. Profits are more important that rewarding the workforce who built it. You express a lack of concern for a system that could very well make a friend have to c...See More
Long Time Lurker
You brought up defining and individual's value. I specifically stated that all people have value and don't need to define value. Insinuating that it came from me is another dishonesty. Attributing your admiration of Scrooge McDuck was a dishonesty. I twice pointed to your *mistake about jealousy and envy and you went for a third. If it is not civil...See More
T.E.C. - Iowa
About "The creation of wealth IS important to a society, why would anyone take a chance on anything unless there as a chance to be rewarded?"
Everyone believes that those who create something should be rewarded. However, you have to distinguish between the reward they receive for that creation and the reward that comes about because they a...See More
Everyone believes that those who create something should be rewarded. However, you have to distinguish between the reward they receive for that creation and the reward that comes about because they a...See More
T.E.C. - Iowa
About "so you think that the economy of ancient Babylon offer some guidance for us in the 21st century?"
Well, it is interesting reading and it certainly does have something to offer to those who think "If you expect the congress to legislate fairness into our laws, I think you'll be disappointed."
Again, markets only thrive when ...See More
Well, it is interesting reading and it certainly does have something to offer to those who think "If you expect the congress to legislate fairness into our laws, I think you'll be disappointed."
Again, markets only thrive when ...See More
T.E.C. - Iowa
Frijole wrote, "you're so predictable. You have no insights into any of the things you talk about. . . ."
Well, I have some insight from the books I have read, but most of the time, I like to research what the experts are saying. So, if you wish to conclude the most of "my" ideas are from people who know more than me, you are probably corr...See More
Well, I have some insight from the books I have read, but most of the time, I like to research what the experts are saying. So, if you wish to conclude the most of "my" ideas are from people who know more than me, you are probably corr...See More
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