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The problem with these figures is it presents wealth like a cake. Some people get a larger portion of it than others. But the fact is some people create more ca

The problem with these figures is it presents wealth like a cake. Some people get a larger portion of it than others. But the fact is some people create more cake. They bake a cake that was not present before. If Bill Gates didn't start Microsoft the billions of dollars he has wouldn't exist. The third world would be just as poor. He added value to the world. Money is not a fixed commodity, it can increase. https://en.wikipedia.org/wiki/Economic_growth https://en.wikipedia.org/wiki/Economic_growth

Gibbon1 11y ago
> the billions of dollars he has wouldn't exist It's definitely true. No bill gates, no Microsoft. No word processors, no spread sheets, no Microsoft access. No desk top operating systems. No compilers, no IDE's. No internet. Would have been terrible loss for humanity if the man had gotten hit by a truck in 1975.
- FrankyHollywood 11y ago
  Terrible? Horrible! :) Any how, the 3th world would still be poor in either scenario. People have been trying to solve inequality for a long time. There seems to be no real political solution like communism or the likes. The only thing one can do is willing to share some. I'm from the Netherlands and pay about 50% income tax. I don't complain. We have good free education for everyone, good healthcare for everyone, and people without a job get their unemployment benefits. In the US people seem to vote mostly on candidates who promise less and less tax. How can you get people willing to share? Why are some people never satisfied with what they have? Why is having a big car more status than having 2 happy children? I don't understand these things...
  - vixen99 11y ago
    The solution has been found, is in action and you should be cheering. It's called global capitalism. We are witnessing the greatest decline in absolute poverty in the history of our entire species. Moreover global inequality has been falling. "The number of people living in extreme poverty around the world is likely to fall to under 10 percent of the global population in 2015, according to World Bank projections released today, giving fresh evidence that a quarter-century-long sustained reduction in poverty is moving the world closer to the historic goal of ending poverty by 2030." You're right; nothing to do with politics. It's just letting people do business. http://www.theglobalist.com/the-real-winners-and-losers-of-globalization/ http://www.theglobalist.com/the-real-winners-and-losers-of-g... http://www.adamsmith.org/blog/george-monbiot-says-were-to-blame-for-everything-perhaps-hes-even-right http://www.adamsmith.org/blog/george-monbiot-says-were-to-bl...

Gibbon1 11y ago

> the billions of dollars he has wouldn't exist It's definitely true. No bill gates, no Microsoft. No word processors, no spread sheets, no Microsoft access. No desk top operating systems. No compilers, no IDE's. No internet. Would have been terrible loss for humanity if the man had gotten hit by a truck in 1975.

FrankyHollywood 11y ago
Terrible? Horrible! :) Any how, the 3th world would still be poor in either scenario. People have been trying to solve inequality for a long time. There seems to be no real political solution like communism or the likes. The only thing one can do is willing to share some. I'm from the Netherlands and pay about 50% income tax. I don't complain. We have good free education for everyone, good healthcare for everyone, and people without a job get their unemployment benefits. In the US people seem to vote mostly on candidates who promise less and less tax. How can you get people willing to share? Why are some people never satisfied with what they have? Why is having a big car more status than having 2 happy children? I don't understand these things...
- vixen99 11y ago
  The solution has been found, is in action and you should be cheering. It's called global capitalism. We are witnessing the greatest decline in absolute poverty in the history of our entire species. Moreover global inequality has been falling. "The number of people living in extreme poverty around the world is likely to fall to under 10 percent of the global population in 2015, according to World Bank projections released today, giving fresh evidence that a quarter-century-long sustained reduction in poverty is moving the world closer to the historic goal of ending poverty by 2030." You're right; nothing to do with politics. It's just letting people do business. http://www.theglobalist.com/the-real-winners-and-losers-of-globalization/ http://www.theglobalist.com/the-real-winners-and-losers-of-g... http://www.adamsmith.org/blog/george-monbiot-says-were-to-blame-for-everything-perhaps-hes-even-right http://www.adamsmith.org/blog/george-monbiot-says-were-to-bl...