@[email protected] to World [email protected]English • 11 months agoWorld’s five richest men double their money as poorest get poorerwww.theguardian.commessage-square73fedilinkarrow-up1789cross-posted to: [email protected][email protected][email protected][email protected]
arrow-up1779external-linkWorld’s five richest men double their money as poorest get poorerwww.theguardian.com@[email protected] to World [email protected]English • 11 months agomessage-square73fedilinkcross-posted to: [email protected][email protected][email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish90•edit-211 months agoThis is not like when ordinary people double their money. They already have an unimaginable amount of wealth, so doubling it is adding another unimaginable quantity. This is a good illustration: Wealth shown to scale Remember that those boxes need to be twice as long now (but not our box).
minus-square@[email protected]linkfedilinkEnglish1•11 months agoyea doubling wealth for a couple of these individuals likely means significantly decreasing wealth for a big chunk of middle class people.
This is not like when ordinary people double their money. They already have an unimaginable amount of wealth, so doubling it is adding another unimaginable quantity. This is a good illustration:
Wealth shown to scale
Remember that those boxes need to be twice as long now (but not our box).
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yea doubling wealth for a couple of these individuals likely means significantly decreasing wealth for a big chunk of middle class people.