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What absolute value does? Percentages are a very weird way to look at it when people are starving. (also, tax them more)
by hobs 10mo ago
What absolute value does? Percentages are a very weird way to look at it when people are starving. (also, tax them more)
- simianwords 10mo agoi'm willing to talk about absolute as well. lets try to understand how many lives can be saved if billionaires completely cut their frivolous spending. lets be clear that this has to be compared against how much wealth they brought for others and whether they could have done this if the incentive for personal spending did not exist. assuming billionaires spend .1% of their wealth on frivolous purchases - you would net a one time amount of around 20 billion dollars. you can't do anything with this let alone save poverty. if you could then you can simply ask the government to move 20 billion around. they have tried it and it doesn't work.
- llbbdd 10mo agoDon't expect much of a response here, the "eat the rich" crowd is never happy with the math