A Boring Dystopia

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'Global Oligarchy' Reigns as Top 1% Controls More Wealth Than Bottom 95% of Humanity (www.commondreams.org)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 3 months ago

Yeah, but there's still the issue that half the US fits that 60k metric and that's roughly 160 million people, or around 80 million working adults. So more than 1 percent of the global population right there. As I said above, the math doesn't math. This myth discounts the entirety of Europe and East Asia (China actually follows the US in number of high net worth people).

There's a way to talk about the difference in services and standards of living but spreading myths isn't it.