CDZ 62 People Have More Wealth Amongst Them Than Half The Human Population

[fncceo]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Marry one of them.

 

[Yarddog]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

So what? just because there are 62 people with half the wealth of the world, in no way takes away your opportunity to become wealthy if you want. Socialists/ Communists or some of the fringe on the left have this constant misconception that there is a FINITE amount of wealth and SOMBODY is hogging too many pieces of the pie.

When they realize New Wealth can be created instead of redistributed then they can finally let go of their hate, let human ingenuity take the place of jealousy.... its really quite self destructive for the soul of humanity.
How many times does someone have to point to what happened in Cambodia? the same jealous Bullshit... how many times does that have to repeat itself in history?

 

[fncceo]

I read recently that 62 people have 72% of all the beauty on Earth ... it's a travesty.

 

[Markle]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

So what? Specifically how much have they taken out of your pocket?

 

[fncceo]

There are still people out there that believe (or have been indoctrinated) that wealth is pizza. If I have two slices, someone else goes hungry.

They can't get their heads around the fact that wealth is created and most of the world's 'wealth' didn't exist 40 years ago. Because the creation of wealth is the product of the human mind, there is literally an infinite supply of wealth.

 

[Toddsterpatriot]

One of the reasons is that the system (in some ways) is set up to protect wealth. As I understand it, the Social Security contributions are capped at $128,400 dollars. Meaning that when you make $128,401 in gross earnings for the year; you stop contributing to Social Security. If you make less, you contribute with every paycheck.

What Is the 2018 Maximum Social Security Tax?

This should change.

This should change.

Why?

 

[candycorn]

One of the reasons is that the system (in some ways) is set up to protect wealth. As I understand it, the Social Security contributions are capped at $128,400 dollars. Meaning that when you make $128,401 in gross earnings for the year; you stop contributing to Social Security. If you make less, you contribute with every paycheck.

What Is the 2018 Maximum Social Security Tax?

This should change.

You're dang right it should change. Any rich person would be quick to point out that someone paying the average of 6% of their salary into a limited retirement fund, where you or your loved ones don't get any of your money back if you die before they say you can have it, is a retarded deal at best.

And people wonder why the rich get richer. Mainly it's because they stay away from retarded investments and ponzi schemes if possible.

ok

 

[BoSoxGal]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Richest 1% now owns half the world's wealth

Actually it takes 1% of the population to hold half the world's wealth. Unless the world only has 6,200 people in it you are sadly poor at math, lying and easily misled.

Your stupidity is astounding, truly.

 

[jasonnfree]

Makes sense. With great wealth comes great influence with politicians to pass laws to favor the wealthy to keep that wealth and grow it even more, and screw those who are hungry and starving. Of course, by the third post came the typical 'Soros' accusations by the outrageously stupid, and it went south from there with conservapubs tripping over themselves trying to defend this outrageous imbalance of wealth.

 

[Jimmy_Chitwood]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Why you hatin' on me?

 

[Hiryuu]

Makes sense. With great wealth comes great influence with politicians to pass laws to favor the wealthy to keep that wealth and grow it even more, and screw those who are hungry and starving. Of course, by the third post came the typical 'Soros' accusations by the outrageously stupid, and it went south from there with conservapubs tripping over themselves trying to defend this outrageous imbalance of wealth.

What law did the government pass, do you think does the most to screw poor people and why?

 

[Dekster]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Richest 1% now owns half the world's wealth

Actually it takes 1% of the population to hold half the world's wealth. Unless the world only has 6,200 people in it you are sadly poor at math, lying and easily misled.

Actually it takes 1% of the population to hold half the world's wealth.

62 People Have More Wealth Amongst Them Than Half The Human Population

There is no conflict between those statements.
The bottom half don't have very much wealth.

Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr.

The poorest 3.7 billion have $1.76 trillion in wealth, about $475 each.
Total world wealth is $280 trillion.
The top 74 million people own over $140 trillion, averages about $1.9 million each.

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

 

[Picaro]

Makes sense. With great wealth comes great influence with politicians to pass laws to favor the wealthy to keep that wealth and grow it even more, and screw those who are hungry and starving. Of course, by the third post came the typical 'Soros' accusations by the outrageously stupid, and it went south from there with conservapubs tripping over themselves trying to defend this outrageous imbalance of wealth.

I understand from people like The Toddster and his fellow Know Nothings that the whole problem is the poor just don't want to work cheap enough, and that people who buy their bennies from pols are just more 'Productive N Stuff'. Apparently wages around the world need to be set by the lowest wages, something like 10 cents an hour, or free is even better, because just the privilege alone of having a job is something workers should actually be paying employers, not the other way around. If the poor would only work for a lot less, and save lots of capital form nothing wages, they will be rich themselves in no time. All they have to do is go without food, shelter, water, sanitation, all that unnecessary stuff.

 

[sartre play]

Poor people have no answer for that. rich people getting the gold mine & working class the shaft that's a fact.

 

[Meathead]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Get a job.

 

[JoeMoma]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Richest 1% now owns half the world's wealth

Actually it takes 1% of the population to hold half the world's wealth. Unless the world only has 6,200 people in it you are sadly poor at math, lying and easily misled.

Actually it takes 1% of the population to hold half the world's wealth.

62 People Have More Wealth Amongst Them Than Half The Human Population

There is no conflict between those statements.
The bottom half don't have very much wealth.

Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr.

The poorest 3.7 billion have $1.76 trillion in wealth, about $475 each.
Total world wealth is $280 trillion.
The top 74 million people own over $140 trillion, averages about $1.9 million each.

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

 

[Picaro]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Richest 1% now owns half the world's wealth

Actually it takes 1% of the population to hold half the world's wealth. Unless the world only has 6,200 people in it you are sadly poor at math, lying and easily misled.

Actually it takes 1% of the population to hold half the world's wealth.

62 People Have More Wealth Amongst Them Than Half The Human Population

There is no conflict between those statements.
The bottom half don't have very much wealth.

Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr.

The poorest 3.7 billion have $1.76 trillion in wealth, about $475 each.
Total world wealth is $280 trillion.
The top 74 million people own over $140 trillion, averages about $1.9 million each.

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

 

[HereWeGoAgain]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

So where do I fit in as the top 3%?

 

[Toddsterpatriot]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Joe Brewer
I am a change strategist working on behalf of humanity, and also a complexity researcher, cognitive scientist, and evangelist for the field of culture design.

If Joe had gotten a useful skill, he might not be such a whiney twat.

 

[JoeMoma]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Richest 1% now owns half the world's wealth

Actually it takes 1% of the population to hold half the world's wealth. Unless the world only has 6,200 people in it you are sadly poor at math, lying and easily misled.

Actually it takes 1% of the population to hold half the world's wealth.

62 People Have More Wealth Amongst Them Than Half The Human Population

There is no conflict between those statements.
The bottom half don't have very much wealth.

Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr.

The poorest 3.7 billion have $1.76 trillion in wealth, about $475 each.
Total world wealth is $280 trillion.
The top 74 million people own over $140 trillion, averages about $1.9 million each.

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.