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Richest 2% Own Half the World's Wealth
kop writes "The richest 2% of adults in the world own more than half of all household wealth, according to a new study by a United Nations research institute. Most previous studies of economic disparity have looked at income, whereas this one looks at wealth — assets minus debts. The survey is based on data for the year 2000. Many figures, especially for developing countries, have had to be estimated. Nonetheless, the authors say it is the most comprehensive study of personal wealth ever undertaken." The study itself is available from the World Institute for Development Economics Research.
Look at the duck world. Scrooge McDuck had enough money that he could swim in it!
All fellow members of the Roman senate hear me. Shall we continue to build palace after palace for the rich? Or shall we aspire to a more noble purpose and build decent housing for the poor? How does the senate vote?
Senate: FUCK THE POOR!
It's not an Onion story?
-- www.globaltics.net
Political discussion for a new world
Hippy: "Like, you can't OWN property, man!"
Prof. Farnsworth: "I can. But that's because I'm not a penniless hippy!"
>> No matter how rich Bill Gates gets, he still consumes very little
Steve Ballmer, on the other hand...
Yes, I know Gates has his charity, but there is only so much money a person needs...
oh please. If you had his money I very much doubt you'd be off spending most of it to slow world hunger. Personally I could go for a platinum statue of myself, but that's just me. That, or fund research of sexbots (of course, that could be considered philanthropy)
...who bought all the PS3s!
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A rising tide lifts all boats.
Unless you are poor, black and live in New Orleans.
The best education consists in immunizing people against systematic attempts at education. - Paul Feyerabend