3 ms·
This methodology is a joke. A key finding they've highlighted is: "One-third of millionaires set [the level of too much money] at $10m". Surely like 85-95% of m
by petesergeant 1y ago
This methodology is a joke. A key finding they've highlighted is: "One-third of millionaires set [the level of too much money] at $10m". Surely like 85-95% of millionaires have less than $10m, and it's easy to imagine someone with 10x your money having too much money.
Who are their surveyed millionaires? A random 15 people they found from "Brazil, France, Italy, South Africa, the UK, and the USA".
The general idea of a harmful amount of wealth is interesting, this report doesn't feel very serious.
- readthenotes1 1y agoIt is actually very consistent. Extreme poverty is more of a hard data point that analyzes one a person does not have enough money to sustain themselves without outside help. Extreme wealth is a survey that confuses the subjective jealousy with the objective label. It has all the trappings of modern sociology combined with modern socialism.