Wealth shown to scale

https://lemmy.ml/post/3941450

Wealth shown to scale - Lemmy

It’s interesting that the wealth bar of the 400 richest Americans is about 6-times as long as the author needs to say some interesting points.
I’d argue that’s another good argument for seizing their assets and making them pay for their asshole behaviour.

Honestly, probably the only way to save the Environment and Democracy. Too much power in the hands of the few leads to perpetual effective monarchy. It's why the Founding Fathers were against large amounts of inherited wealth, particularly inherited wealth that creates dynasties in perpetuity.

I know people don't like the Founding Fathers that much lately, and I see why, but conservatives really don't understand them, and deliberately misrepresent them, because not doing so would undercut all conservative "policies".

World's a mess because of inequality and the concentration of almost all wealth and power into the hands of a small amount of sociopaths. I honestly think the only way to solve this permanently is to cap the amount of wealth and power any individual or family can have.

You put that perfectly. Thank you.
I’m actually ok with wealthy people being wealthy, but when they took over the government as a way to make even more money at our expense is where I draw the line. We need to take back regulatory power, it’s the only thing that can compete at today’s scale.
Wealth is power. If you allow a tiny sliver of society to amass society warping levels of it, this is the outcome. There need to be limits and controls, or this will always happen.
You ever see those comments on youtube that describe themselves as future entrepreneurs or whatever and absolutely slobber over shitty companies and rich people? Makes me cringe so fucking hard

The owner’s deluded peasants would never allow that.

this reminded me of how 4channers purposely desensitize themselves to gore and other heinous stuff, but they cant escape the pain of loneliness. and it could be solved if they just didnt act like massive pieces of shit. then they blame it on women and the supposed phenomenon of them only dating the “top 20%” of men! its probably the stupidest self-fulfilling prophecy

jfc, you dont even have to have basic hygiene (tho that helps), just be nice!! dont be a misanthropic shut-in with a hyper-inflated ego and unearned confidence in ur intelligence. but when they try to be nice it isnt bc they want others to be happy, its to get something, so they come off as a disingenuous Nice Guy. i hate them but also kind of feel bad for them. maybe if they didnt get caught in this vicious cycle some of them wouldnt be reactionary assholes

sorry for the tangent, good meme

They competitively numbed themselves with gore/torture treats to try to impress other numbed people and are shocked that being emotionally numb makes them repulsive.
Emotional numbness isn’t repulsive in itself, disregard for others is. People can feel emotions less intensely than others or lack emotional empathy(feeling what others feel) but still make friends through genuinely putting effort.

It’s repulsive as a coercive competition between hateful nihilistic 4chan fascists. It’s a contagious way to wreck people’s social lives needlessly by peer pressure and false promises.

Being numb by other means or just as a default isn’t the same thing as being numb because edgy internet nazis say it’s cool to do that.

Yeah, this is gonna end really well.
Do you know what the difference is between a millionaire and a billionaire? About a billion.
A million seconds is 11.574 days, a billion seconds is 31.7 years
I always think it as the difference between a nice vacation and a whole generation.
I’m saving this one 👍

Do you know what the difference is between a thousand and a million? About a million.

It’s almost as if there’s a pattern in how we name large numbers 🤔🤔🤔

The point is that 1 million is a big number (or a lot of money), as is 1 billion. But 1 billion is so big, it makes 1 million seem small by comparison. 1 thousand is not a big number.
Unless you’re talking about the number of spiders on your face
Sorry, got tired of scrolling

Starts off with median income and then switches to wealth. These aren’t the same things.

Edit. Lol, check out the idiot counter

You didn’t scroll as far as the “total earnings in your lifetime” and “total earnings of a doctor in their lifetime”, then, I take it.
Total income is not wealth either.
Damn bro you got them good. Great contribution to the discussion. Thanks.

You’re not that bright, are you?

Otherwise you might have known that repeating something that is blindingly obvious to everyone and also completely besides the point is not an effective counter-argument.

Fuck off poor
Brilliant, such wit

You really think you’re tough and right about anything, don’t you?

You should be on stage with jokes like this

Preferably one with a trap door

Still more clever than you ever will be and I don’t have to go on a cross-community scavenger hunt to find out 🤷

Nothing says your smart like claiming to be smarter. Lol

I just picked your first lame post, and I didn’t have to look far 🤡

Never said I’m smart, just that I’m more clever than you are. I’m also faster than a garden snail and better at high jump than an elephant, doesn’t mean I’m training for the Olympics.

Also, if you had been paying attention, you’d have noticed that it was posted in the Dad Jokes community for intentionally lame jokes and as such not a measure of me trying to be clever 🙄

Why do you think you’re smarter than me?
I said more clever. You’d know the difference if you were smart 😉
What’s your IQ?
Dunno, haven’t measured it since I found out a couple decades ago that it’s not so much a useful tool for assessing intelligence as something invented by and for insecure people with very specialised knowledge to use as a combination status symbol and weapon 🤷

Dunno, haven’t measured it since

So what was it when you did lol?

I got tested as a child, so no idea, but I’d guess the teachers were insecure and used specialised knowledge as a status symbol and weapon, LOL

Why are you continuing to insult me by saying I’m stupider than you? Sounds pretty weak and insecure to me!

teachers were insecure and used specialised knowledge as a status symbol and weapon, LOL

In many cases, yeah. I’m generally very pro-teacher, but that doesn’t mean that there aren’t any bad teachers out there stubbornly clinging to debunked systems 🤷

Why are you continuing to insult me by saying I’m stupider than you?

Because you keep asking for clarification as if I wasn’t being crystal clear the first time. I’m just having fun humouring you while also mocking you 🤷

Sounds pretty weak and insecure to me!

Your constant hounding me about whatever I could possibly mean by calling you neither smart nor clever? Yep, sure does.

Mate, your first comment to me was an insult.

So I’ll end it with the same.

Peak Dunning Kruger effect

An insult AND an explanation of why the insult was accurate.

In contrast, your first comment to me was “fuck off poor”

Peak Dunning Kruger effect

Look, I found a picture of you!

Sad cunts moaning that life isn’t fair is soooo edgy.

Yeah, it’s the lifetime theoretical reward for highly skilled work vs what someone has right now.

You might think “that’s just on paper”, but cut it by 10 and it’s still a nonsensical comparison. The scale is insane

It’s a moon base built ASAP. It’s build a floating country in the Atlantic the size of Delaware. It’s buy a prefab house for everyone in the US who is renting or homeless. It’s give everyone in the world a plane ticket to anywhere they want, round trip. It’s build a maglev train network across a continent. It’s wake up every day, go anywhere, and buy a new house at such an insane price the existing owner would agree to leave within the hour. It’s build something the scale of the Washington monument at every rest stop across the US

These aren’t things that would use up the wealth, these are things individuals could do, then go on to live the most extravagant possible life. Sure, a lot of these things would require careful planning and take decades if you actually wanted to do them, but that’s the scale we’re looking at - it’s choose an issue and affect global change kind of money.

Yeah, wealth, income, and lifetime projected income are all very different things, it’s apples and oranges. Except it’s more like a single apple against every orange ever eaten - the sheer difference in scale makes any comparison meaningless. Simply spending their wealth, in any way, would drastically change the lives of countless people for the better

If they spent their ‘wealth’ they’d have to convert their assets into cash, making it income, their wealth is shares in the companies they built. If they sold their shares the prices would tank

Those companies employee millions of people who receive income and pay taxes on it

A top band Amazon dev is earning 1m a year…

Regarding the last point: so it will take said dev just another 185 thousand years to get to Bezos level

Regarding the first, there is a link to explanation about why this is not correct in the infographic

1-pixel-wealth/THE_PAPER_BILLIONAIRE.md at master · MKorostoff/1-pixel-wealth

Contribute to MKorostoff/1-pixel-wealth development by creating an account on GitHub.

GitHub

They also get stock options regularly and dividends…plenty of people have started successful businesses after gaining sufficient wealth.

So, if we convince billionaires to sell all of their company slowly it’ll all be fine? That’s your logic?

A, why the fuck would they do that?

B, the shareholders via the board make the decisions, you think they’ll be happy with a CEO who has no skin on the game? And would have to be compensated by fuck tons of cash, which would hurt the business

My logic is that not every “successful business” is worth billions. And maybe there’s sense in doing something with ones that are, like split them into several businesses that are not owned by a single person
Definitely. Regulators with no teeth and revolving doors for those with power and influence are the real danger.
Do you realize, that that makes it even worse?

It’s just not comparing like with like.

If you earn 10m over your lifetime, spend 3m on living, buy a house for 1m, pay 1m into a index linked pension you’d end up with wealth as well as income. I.e. > 10m

That’s why it’s always important to compare like for like.

Wealth is not income, income can create wealth. Wealth can create income, they are still not the same thing

But seeing as this place has more than its fair share of tankies, I’m not surprised at the economic illiteracy on show.

Very well made. Is the definition of doomscrolling.
I’ve lost the will to live. Why do this place even exist?