Wealth Of 80 Richest = Wealth Of 3.6 Billion Poorest
Click here for reuse options!Eighty people hold the same amount of wealth as the world’s 3.6 billion poorest people, according to an analysis just released from Oxfam. The report from the global anti-poverty organization finds that since 2009, the wealth of those 80 richest has doubled in nominal terms — while the wealth of the poorest 50 percent of the world’s population has fallen.
Copyright 2015 Liberaland
By: Stuart Shapiro
Stuart is a professor and the Director of the Public Policy
program at the Bloustein School of Planning and Public Policy at Rutgers
University. He teaches economics and cost-benefit analysis and studies
regulation in the United States at both the federal and state levels.
Prior to coming to Rutgers, Stuart worked for five years at the Office
of Management and Budget in Washington under Presidents Clinton and
George W. Bush.
51 responses to Wealth Of 80 Richest = Wealth Of 3.6 Billion Poorest
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Wayout January 20th, 2015 at 09:37
And the conclusion? It’s better to be rich. But seriously, what do you want to do, turn to a communistic system where the government takes some people’s money and gives it to other people? Oh my, I just thought of something – that’s actually happening here in America. God help us!
fahvel January 20th, 2015 at 12:00
sick and stupid and mean as usual wahoo
tracey marie January 20th, 2015 at 12:41
I find him funny, he trolls and then get’s angry when people laugh at him
Suzanne McFly January 20th, 2015 at 13:11
He comes here to throw red meat and people read his statements then respond as if what he has said has any sort of credibility. I know people love to poke him but he hardly ever responds back so I don’t even bother. He just comes here to stir up stuff and run off.
tracey marie January 20th, 2015 at 13:14
true, but a few pokes have made him angry and stupid, I love to watch the meltdowns. There is a new troll here and at LL, J.Jones…so obvious, he asks leading questions and answers at the same time. I talk to and about but never with trolls
Suzanne McFly January 20th, 2015 at 14:00
I was on a board when I lived in Florida and I was terrible to some of the people on that board, but they were terrible right back. I would go on that message board for an hour a day then jump in my shower, I felt disgusted with myself. I was on there for a few months then the “liberals” set up their own site and invited me. I was glad to join. I felt so much better openly discussing issues without throwing hateful words at each other, I felt like I wasted so much time making others see how they were voting against themselves when they couldn’t see it for themselves. I know tired of tea calls me Pollyanna because I always hope they will see the way, but they never do.
tracey marie January 20th, 2015 at 14:03
I used to fught on politico, after a year of that garbage I apologized to a few who deserved it and left…never looked back. Now instead of fighting I will laugh and poke someone. Only very overt and nasty racism will get me upset
Suzanne McFly January 20th, 2015 at 17:02
I completely understand, I poke every once in awhile, but I walk away before I get too deep in the muck. If you ever see me going down that dark road, please turn me around lol.
Wayout January 20th, 2015 at 10:37
And the conclusion? It’s better to be rich. But seriously, what do you want to do, turn to a communistic system where the government takes some people’s money and gives it to other people? Oh my, I just thought of something – that’s actually happening here in America. God help us!
fahvel January 20th, 2015 at 13:00
sick and stupid and mean as usual wahoo
tracey marie January 20th, 2015 at 13:41
I find him funny, he trolls and then get’s angry when people laugh at him
Suzanne McFly January 20th, 2015 at 14:11
He comes here to throw red meat and people read his statements then respond as if what he has said has any sort of credibility. I know people love to poke him but he hardly ever responds back so I don’t even bother. He just comes here to stir up stuff and run off.
tracey marie January 20th, 2015 at 14:14
true, but a few pokes have made him angry and stupid, I love to watch the meltdowns. There is a new troll here and at LL, J.Jones…so obvious, he asks leading questions and answers at the same time. I talk to and about but never with trolls
Suzanne McFly January 20th, 2015 at 15:00
I was on a board when I lived in Florida and I was terrible to some of the people on that board, but they were terrible right back. I would go on that message board for an hour a day then jump in my shower, I felt disgusted with myself. I was on there for a few months then the “liberals” set up their own site and invited me. I was glad to join. I felt so much better openly discussing issues without throwing hateful words at each other, I felt like I wasted so much time making others see how they were voting against themselves when they couldn’t see it for themselves. I know tired of tea calls me Pollyanna because I always hope they will see the way, but they never do.
tracey marie January 20th, 2015 at 15:03
I used to fught on politico, after a year of that garbage I apologized to a few who deserved it and left…never looked back. Now instead of fighting I will laugh and poke someone. Only very overt and nasty racism will get me upset
Suzanne McFly January 20th, 2015 at 18:02
I completely understand, I poke every once in awhile, but I walk away before I get too deep in the muck. If you ever see me going down that dark road, please turn me around lol.
fahvel January 20th, 2015 at 11:59
the numbers have varied over the centuries but finall the wealthy today are approaching the wealth of pharoes and emperors who thought of themselves as gods.
fahvel January 20th, 2015 at 12:59
the numbers have varied over the centuries but finall the wealthy today are approaching the wealth of pharoes and emperors who thought of themselves as gods.
Robert M. Snyder January 20th, 2015 at 12:25
The world has been steadily getting better in many important ways.
Check out the video called “Don’t Panic” at this website:
http://www.gapminder.org/videos/dont-panic-the-facts-about-population/
“Gapminder is a non-profit foundation based in Stockholm. Our goal is to replace devastating myths with a fact-based worldview. Our method is to make data easy to understand.”
Robert M. Snyder January 20th, 2015 at 13:25
The world has been steadily getting better in many important ways.
Check out the video called “Don’t Panic” at this website:
http://www.gapminder.org/videos/dont-panic-the-facts-about-population/
“Gapminder is a non-profit foundation based in Stockholm. Our goal is to replace devastating myths with a fact-based worldview. Our method is to make data easy to understand.”
Jimmy Fleck January 20th, 2015 at 13:35
I doubt you could find many Americans that believe the wealth of the world needs to be equally spread among all people. The median annual wage in the world is only about $1,225 per person. Alot of people claim the “rich” need to pay more without realizing that on a world scale just about every American is “rich.” http://www.dailymail.co.uk/news/article-2082385/We-1–You-need-34k-income-global-elite–half-worlds-richest-live-U-S.html
Jimmy Fleck January 20th, 2015 at 14:35
I doubt you could find many Americans that believe the wealth of the world needs to be equally spread among all people. The median annual wage in the world is only about $1,225 per person. Alot of people claim the “rich” need to pay more without realizing that on a world scale just about every American is “rich.” http://www.dailymail.co.uk/news/article-2082385/We-1–You-need-34k-income-global-elite–half-worlds-richest-live-U-S.html
Detected_as_spam January 20th, 2015 at 14:02
People like Gates got his wealth by sucking the equity out of other companies and other people’s pensions, (see Bain and Romney). Gates killed innovative and job creating companies… like Novel, Word Perfect, SCO and Caldera just in my little corner of the neighborhood, he then doubled his $40 BILLION fortune by taking over as Warren Buffet’s pinnochle partner after Warren was widowed… what a hore!
$129617082 January 20th, 2015 at 15:02
People like Gates got his wealth by sucking the equity out of other companies and other people’s pensions, (see Bain and Romney). Gates killed innovative and job creating companies… like Novel, Word Perfect, SCO and Caldera just in my little corner of the neighborhood, he then doubled his $40 BILLION fortune by taking over as Warren Buffet’s pinnochle partner after Warren was widowed… what a hore!
desertpatriot January 21st, 2015 at 21:21
‘if we took all the money in the world and shared it equally with everyone within less than five years, the people who were wealthy would become so again. and the people who were poor would almost certainly become poor again’
fancypants January 30th, 2015 at 13:40
can we call this the gop ” new deal ” rather then the gop running joke as we know it today….
desertpatriot January 30th, 2015 at 14:01
@disqus_5RP80OB6bT:disqus
a better question to ask is…why are you still poor? besides mental do you have any other disabilities that have hindered your success?
fancypants January 30th, 2015 at 14:04
lol I don’t think you know me well enough to make that accusation. can we add this to your other dumb ass statements ?
tracey marie January 30th, 2015 at 15:47
that troll thinks it is a threat or “nightmare” to people according to it’s bio. I do believe it is a threat to itself
fancypants January 30th, 2015 at 15:51
im surprised he or she could write a bio ?
it must be a very short story
Anomaly 100 January 30th, 2015 at 17:07
Troll is gone. I magically disappeared him.
tracey marie January 30th, 2015 at 17:10
You are a good woman. Saw you on mediate, surprised me.
Anomaly 100 January 30th, 2015 at 19:25
I commented on Mediaite?
tracey marie January 30th, 2015 at 20:31
no, you upvoted some people
Anomaly 100 January 30th, 2015 at 20:36
That’s true. I remember that. I *try* not to comment on other sites too much, but I had to correct the stupid comments by down/upvoting:-)
tracey marie January 30th, 2015 at 20:40
Mediaite is a tough place, I come and go there. So many trolls
Anomaly 100 January 30th, 2015 at 17:06
You’re done here.
fancypants January 30th, 2015 at 14:40
‘if we took all the money in the world and shared it equally with everyone within less than five years
———————————————————————
can we call this the gop ” new deal ” rather then the gop running joke as we know it today….
desertpatriot January 30th, 2015 at 15:01
@fancyp
a better question to ask is…why are you still poor? besides mental do you have any other disabilities that have hindered your success?
fancypants January 30th, 2015 at 15:04
lol I don’t think you know me well enough to make that accusation. can we add this to your other dumb ass statements ?
tracey marie January 30th, 2015 at 16:47
that troll thinks it is a threat or “nightmare” to people according to it’s bio. I do believe it is a threat to itself
fancypants January 30th, 2015 at 16:51
im surprised he or she could write a bio ?
it must be a very short story
Anomaly 100 January 30th, 2015 at 18:07
Troll is gone. I magically disappeared him.
tracey marie January 30th, 2015 at 18:10
You are a good woman. Saw you on mediate, surprised me.
Anomaly 100 January 30th, 2015 at 20:25
I commented on Mediaite?
tracey marie January 30th, 2015 at 21:31
no, you upvoted some people
Anomaly 100 January 30th, 2015 at 21:36
That’s true. I remember that. I *try* not to comment on other sites too much, but I had to correct the stupid comments by down/upvoting:-)
tracey marie January 30th, 2015 at 21:40
Mediaite is a tough place, I come and go there. So many trolls
Anomaly 100 January 30th, 2015 at 18:06
You’re done here.
fancypants January 30th, 2015 at 13:44
given todays access to cyber info im willing to bet there is plenty out there who could more then prove they are victims indeed. Your too much of a coward to admit it… Its in your nature
fancypants January 30th, 2015 at 14:44
given todays access to cyber info im willing to bet there is plenty out there who could more then prove they are victims indeed. Your too much of a coward to admit it… Its in your nature