Thread: Richest 85 own as much as 3.5 billion poorest

Originally Posted by Rainfall

Wait for the Boner to come along and say poverty is a choice.

Whoever said Life is Fair, huh?

Or maybe, what's needed is a little income redistribution to sort things out?

Wait! That's been tried before with disastrous results hasn't it?

^Rainfall's point is simply poverty isn't a choice. From a personal point of view I feel the rich should contribute more to helping those in need. Consider the phenomenal income gaps in China, Britain, America and the Middle East where some shieks are billionaires several times over. They wouldn't miss some of their money after all a good many get rice by exploiting the poor (treatment of foreign workers in Dubai for example).

Originally Posted by bsnub

A sick out of touch fuck.

No big surprise; just put their own imputation on the situation to justify their own unjustified greed.

Originally Posted by Rainfall

I recall that DDR eradicated poverty, homelessness, hunger, unemployment, illiteracy, and all the other diseases associated with capitalism within a few years.

But they'll never live down the Trabant

That thing is an icon now, 10s of 1,000s still running. Its popularity even beats the old Beetle's. Remarkable, when people aren't forced to drive it, many do it voluntarily.

^
Rainfall you are a dumb cvnt - the DDR was a disaster that everyone was trying to leave.
Yes everyone was an equal unhappy automaton afraid to speak their mind to their own children.

However Rainfall when you try to talk economics you really get embarrassing.
Regardless of how much money the rich have, this does not contribute to impoverishing the poor. There is not a finite amount of money to spread around - the pot grows they print more - capiche!
In other words throw out the well worn fallacy that me having more means you have to have less.

I thought you were smarter!

Originally Posted by Rainfall

What capitalism produces are 3.5 billion poor people to make 85 individuals as wealthy and powerful as all of them combined.

Can't blame capitalism for all of it. Governments colluding with the rich more the problem.

The 1950s in US, a period of prosperity with a low income gap is and example. Tax rate for folks earning (in today's $) over $1 million was 90%. It is now 39.6%.

Some may say this is wealth distribution and to a degree they would be correct. The revenues from the "rich" were used to develop much needed infrastructure. These infrastructure products produced decent wage paying jobs and benefited US economic prosperity up through the 1970s.

I've been watching the rich in Davos. One of the "subjects" for discussion is the income gap. Some lip service being paid but clear the rich have little or no interest in changing the status quo.

time for the world population to hang a few billionaires as a warning message,

Please do not hang me

Originally Posted by Rainfall

Originally Posted by Boon Mee

Originally Posted by Rainfall

Wait for the Boner to come along and say poverty is a choice.

Whoever said Life is Fair, huh?

Or maybe, what's needed is a little income redistribution to sort things out?

Wait! That's been tried before with disastrous results hasn't it?

Is that so? I recall that DDR eradicated poverty, homelessness, hunger, unemployment, illiteracy, and all the other diseases associated with capitalism within a few years. What capitalism produces are 3.5 billion poor people to make 85 individuals as wealthy and powerful as all of them combined. That's a disaster.

Yes the DDR was just great; especially their astonishing Olympic athletes.....programmed and fed on growth hormone, steroids and fuck knows what else, just to win medals for the state propaganda machine.

How many billions did the (capitalist) West Germans have to spend to clean up the environmental mess they caused with their inefficient, ass backwards, totally fucked up industrial sector that turned out shoddy useless crap which could never compete with anybody outside their system. What a drab, dreary, miserable place. The contrast with W. Germany was incredible to anyone who witnessed it.

Nobody was responsible for anything in that shithole.....except the guards on the fence who were responsible for shooting anyone trying to leave.

Great system, and for someone like yourself obviously preferable to the decadent West...with it's unequal wealth distribution.....

Originally Posted by Iceman123

Regardless of how much money the rich have, this does not contribute to impoverishing the poor.

Not true wealth needs to be re-distributed in many countries, true it won't solve all problems but look at the inequalities that exist, and yes I will hang you.

Ronin - did you complete your degree at the trade union school of economics?
You cannot get rich by demand.
Effort dear boy and hard slog is required. The only place success comes before work is the dictionary.

The money supply grows and is freely given to those who give service to the marketplace.

Please do not hang me - I am well hung already.

Originally Posted by Butterfly

time for the world population to hang a few billionaires as a warning message,

The revolution needs to start with the masses and their manufactured perspectives and fabricated lifestyles. Living one's protest comes to mind - all that seems to ail us will adjust accordingly. [easier said than done when we're all under their thumbs]

We don't see [nor accept/understand] the deep familial and covert association of governments, corporations, organized criminality, and influential wealth - and the broad suppressive measures that are instilled and conditioned in various forms.

Resistance isn't futile if bonding together.
The game is ours to be played.

Sometimes RS when you have no clue about a topic it is ok to not comment.

I thought I would just give you that tip - can you pass it onto Kingwilly as well.

who gives a rat's arse if some people are super rich, it has always been like that
bugger the old socialist creed of take it off them and give it to bludgers.
i do agree some rich people who have got that way by being pricks like the gulf arabs
or corrupt leaders and their hanger ons need a wealth transfer to the poor.
if the rich make employment and make their countries a better place good for them.
but saying for places like the old east germany were paradise for equality.
what a joke, it was a nasty police state,i went there 3 times in the 70's, oppressive,
low quality living, people scared to talk to westerners,low grade goods on sale,
needed permission to move around, all in a police state.
biggest problem is over breeding in the developing world, along with corruption.

Originally Posted by koman

Yes the DDR was just great; especially their astonishing Olympic athletes.....programmed and fed on growth hormone, steroids and fuck knows what else, just to win medals for the state propaganda machine.

How many billions did the (capitalist) West Germans have to spend to clean up the environmental mess they caused with their inefficient, ass backwards, totally fucked up industrial sector that turned out shoddy useless crap which could never compete with anybody outside their system. What a drab, dreary, miserable place. The contrast with W. Germany was incredible to anyone who witnessed it.

Nobody was responsible for anything in that shithole.....except the guards on the fence who were responsible for shooting anyone trying to leave.

Great system, and for someone like yourself obviously preferable to the decadent West...with it's unequal wealth distribution.....

I remember the British propaganda machine 2 years ago, and they finished only 3rd or 4th. Nothing to write home about, really. Only one DDR athlete ever was found guilty of doping, compared to a fast growing list of Americans 1,000s of names long. You amateurs gotta do it right, or not at all.

Yes, a great system, and preferable to capitalism. DDR was a long way better of than 150 or so poor capitalist countries, or say Detroit. What a drab, dreary, miserable place. The contrast with E. Germany is incredible to anyone who witnessed it.



And here is what I see when I hear the word 'capitalism'. Utter and total destruction of the world for profit, and people drowning in garbage, hungry and diseased. Pictured is the Ciliwung river in Indonesia. The few clean nations of the West don't matter, manufacturing has been moved to places with no environmental standards.