3 ms·
According to Oxfam, you too have more wealth than hundreds of millions of people. They're counting net worth, and lots of people are in debt. If you use a met
by cperciva 10y ago
According to Oxfam, you too have more wealth than hundreds of millions of people. They're counting net worth, and lots of people are in debt.
If you use a metric which is more in line with subjective wealth -- say, assets or sustainable annual consumption -- then the it doesn't seem anywhere near as crazy.
Basically, Oxfam is exploiting a bug in how people misunderstand wealth.