• Chris Remington@beehaw.org
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    11 months ago

    The media love to remind all of us of the so-called 1% but NEVER mention the 0.0001%. Roughly 400 Americans that have an unimaginable amount of wealth. Not Jeff Bezos, Not Elon Musk nor anyone that is publicly acknowledged.

    Wealth Shown to Scale has shown all of us, for many years, the diseased dragons lying on mountains of gold. These are the ones that own and control almost everything that happens on Earth.

    • brie@beehaw.org
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      11 months ago

      Not that it isn’t a lot, but the 3.2 trillion figure is a total, not an average; that gives an average of only 8 billion per person. Going off Wealth Shown to Scale, Bezos’ wealth could be equally spread among at least 23 people, and they’d all still be in the top 400.

    • Fox@beehaw.org
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      11 months ago

      Is there a typo here? If you make 140k a year in the US it puts you in the top 10% of earners, but still below average. Yes, part of the richest in the sense that most of the world probably makes less than you, but nowhere near the richest in terms of what these statistics are talking about when they refer to the top 1% - ie. people who make close to, if not more than, a million dollars per hour.

      That is to say - someone making 140k is not capable of the levels of pollution that people with private jets, who take dozens of flights every year - not even scratching the surface of their shopping and eating habits, and the pollution caused by their businesses and investments.