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"1%" is a joke. if you apply that to the entire world, and not just selectively to western countries (as is the habit): According to the Global Rich List, a we

by pigpaws 11y ago

"1%" is a joke. if you apply that to the entire world, and not just selectively to western countries (as is the habit): According to the Global Rich List, a website that brings awareness to worldwide income disparities, an income of $32,400 USD a year will allow you to make the 1% cut. Using current exchange rates, that amounts to roughly: 29,185 euros 2.2 million Indian rupees, or 211,126 Chinese yuan http://www.investopedia.com/articles/personal-finance/050615/are-you-top-one-percent-world.asp http://www.investopedia.com/articles/personal-finance/050615...

MichaelBurge 11y ago
Maybe the phrase "1%" is a tool used by 1%'ers like Aditya Chakrabortty(the author of the article) to manipulate the innocent masses against other 1%'ers like David Cameron. Those rich people and their political infighting. I have no doubt that Aditya - being a member of the 1% - is at this very moment twirling his mustache and plotting to enslave some poor African children. As soon as anyone crosses the income threshold of $32,400, they immediately start foaming at the mouth with an urge to bite the common man.
- golergka 11y ago
  > As soon as anyone crosses the income threshold of $32,400, they immediately start foaming at the mouth with an urge to bite the common man. Replace $32,400 back with 1%, and you get a statement that audience of this article seems to sincerely believe in.
  - pigpaws 11y ago
    that's because it relieves them of any feeling of responsibility for contributing to said global disparity.
- pigpaws 11y ago
  ...or maybe the term is used by folks trying to look more humble than they are. When people use the term 1%, they don't think they're IN it - they compare things nationally or globally depending on when it suits their argument. If you're bringing Africa into the argument, then by the nature of your (global) argument, you are in the 1% if you make more than $32,400 USD (or equivalent). Some people just don't want to accept that FACT. 1% of my pocket change is different than 1% of my bank account. funny how no one wants a pay-CUT...

by pigpaws 11y ago

MichaelBurge 11y ago

Maybe the phrase "1%" is a tool used by 1%'ers like Aditya Chakrabortty(the author of the article) to manipulate the innocent masses against other 1%'ers like David Cameron. Those rich people and their political infighting. I have no doubt that Aditya - being a member of the 1% - is at this very moment twirling his mustache and plotting to enslave some poor African children. As soon as anyone crosses the income threshold of $32,400, they immediately start foaming at the mouth with an urge to bite the common man.

golergka 11y ago
> As soon as anyone crosses the income threshold of $32,400, they immediately start foaming at the mouth with an urge to bite the common man. Replace $32,400 back with 1%, and you get a statement that audience of this article seems to sincerely believe in.
- pigpaws 11y ago
  that's because it relieves them of any feeling of responsibility for contributing to said global disparity.
pigpaws 11y ago
...or maybe the term is used by folks trying to look more humble than they are. When people use the term 1%, they don't think they're IN it - they compare things nationally or globally depending on when it suits their argument. If you're bringing Africa into the argument, then by the nature of your (global) argument, you are in the 1% if you make more than $32,400 USD (or equivalent). Some people just don't want to accept that FACT. 1% of my pocket change is different than 1% of my bank account. funny how no one wants a pay-CUT...