Oxfam: Reichstes 1% der Welt hat in einem Jahrzehnt 40 Billionen Dollar verdient

https://www.france24.com/en/live-news/20240725-world-s-richest-1-gained-40-tn-in-a-decade-oxfam

42 comments

  1. Jeff Bezos and Bill Gates divorced their wives and got richer

  3. Nice, maybe it’s time we start divvying them up.

  4. All through the power of bootstraps, thoughts and prayers, and trickle-down neoliberalism! Never enough for these brave shareholders who must be given all their birthright wealth according to Lord Supply-Side Jesus!

  5. Economy is doing good for the super rich, not so much for the poor.

  6. This is the best tl;dr I could make, [original](https://www.france24.com/en/live-news/20240725-world-s-richest-1-gained-40-tn-in-a-decade-oxfam) reduced by 64%. (I’m a bot)
    *****
    > Paris – The world's richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda.

    > Brazil has made international cooperation on taxing the super-rich a priority of its presidency of the G20, a group of countries representing 80 percent of the world's GDP. At this week's summit in Rio de Janeiro, the group's finance ministers are expected to make progress on ways to raise levies on the ultra-wealthy and prevent billionaires from dodging tax systems.

    > Nearly four out of five of the world's billionaires call a G20 nation home, Oxfam noted.

    *****
    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/1ebl6hd/worlds_richest_1_gained_40_tn_in_a_decade_oxfam/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~691062 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **tax**^#1 **world**^#2 **Oxfam**^#3 **G20**^#4 **percent**^#5

  7. I like how they said “gained” and not “earned”. Time to tax the fuck out of them.

  8. It’ll trickle down any moment now… Right?… Please? 🙁

  12. Whoa that’s crazy…. I wonder if anything like this has ever happened before

  13. Good for them. They sure have stacked the deck in their favor.

    Sucks for the rest of us.

  15. The word is hoarded. Billionaires are literally what dragons symbolize and warn against.

  16. We need a “French Revolution” clock to measure how close we are to midnight. It seems to be just a question of time.

  17. Ever since Occupy Wall St the world has been shit; it’s like the ruling class made it their mission to squeeze us for all were worth and now we are merely economic cattle to these people.

    There is a reason identity politics has been dialled to 11; they will ensure the working classes remain divided so that they don’t unite and get to unruly in their pens.

  19. Vote blue no matter who. It’s all gonna change soon.

  20. This should top the news instead of Biden and Trump bullshit.

  21. isn’t the global economy essentially like a pie, and they just got a bigger portion of it? then they’re just gaining more power while ours shrink in proportion

  22. Is my calculator broken? Top 1% is 80M+ people, dividing up 40T evenly is only 500k gain per individual over a decade. Something’s off here. 

  23. FYI for anyone typing up a reply about eating the rich: if you make more than $60k individual income you’re part of the global 1%.

  24. At a certain point, this siphoning of wealth isn’t useful for the economy. It doesn’t get spent on anything. it’s an inefficiency in the system and a drain.

  26. Just a reminder that global GDP per year is roughly $100 trillion, so in 10 years the 1% gained roughly 4% of all created wealth. Alternatively if that money had been evenly distributed to every human on Earth, each human would have received roughly $500/year extra. Using raw numbers like this on a global scale without taking context into account is just plain propaganda, and the insinuation that if the richest 1% hadn’t gained this money you would be much more well off is just a lie.

  27. It will never change because they own everything, like people’s opinions.

  28. It’s just like feudalism but the aristocracy is not bound as vassals to a crown anymore and can travel and do whatever they want while us the peasantry are still bound within states.

  29. How are they measuring 1%? Using an average of everyone’s income means pretty much everyone in a rich country is 1%, which is disingenuous as fuck.

    It should be the sum of the top 1% of every country.

  31. Cool cool. Now how many of those are people who make 60k and barely make ends meet in an expensive city, and how many are billionares with 10 yachts

  33. And mean while I missed my first debt payments in over 10 years.
    Like literally over 10 years never missing a single credit card, car payment, insurance bill… then my power company doubles rates, my groceries go up by 80%, my insurance goes up 30% and guess whats stagnant? My earnings.

    Fuck this shit.

  35. I understand there’s a lot going on in the world and it’s hard to give attention to every issue but, *dear god*, that is an absolutely staggering amount of money and the one percent will only continue to siphon more and more money out of the economy until we find the political will to do something about it.

  36. Imagine bring rich enough to comprehend how much money that is.

  37. For perspective, if you have more than $900k to your name (a nice sum but entirely attainable especially considering the last 20 years in real estate), it’s you the article is talking about.

    Source: https://www.cnbc.com/2018/11/01/how-much-money-you-need-to-be-part-of-the-1-percent-worldwide.html

  38. And strangely enough, at the same time, the living standards of the middle classes and working classes went down, what a coincidence! /s

  40. If you earn $60,000 a year after tax and you don’t have kids, you’re in the richest 1 percent of the world’s population

  41. I’m not defending wealth distribution to the ultra-wealthy, but I will say I hate this article as the math is so misleading.

    It doesn’t say what the wealth of the top 1% was a decade ago, so there is no way to know how much of a gain that $40tn is. If it didn’t match inflation over the last decade, then the top 1% actually lost wealth. I don’t think that is the case, but there is no way to know as this article doesn’t tell us. It just states $40tn without context to hoping to trick the audience.

  42. How much of that was made from the labor of someone else?

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