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It's hard to see headlines like this and not think it's deriding the wealthy. It could have been put in a much more innocuous way, like "99% of the world's popu
by marknutter 13y ago
It's hard to see headlines like this and not think it's deriding the wealthy. It could have been put in a much more innocuous way, like "99% of the world's population controls 61% of the world's wealth". That just doesn't seem to have the same punch, though.
- dylangs1030 13y agoNo, it doesn't, because 99 people in a room controlling 61 pieces of a pie aren't as influential as 1 man controlling 39 pieces of pie. He has very real, formidable power. The least influential of the 99 will dislike that. They all have to share their 61 pieces - in practice, a significant fraction have no pieces of pie. Analogy aside, the way this model of wealth plays out is that the 1% are typically the only outlier, and the other 99% don't all control the remaining wealth in the same way - they don't have a disproportionate amount to their own percentile, or a number larger than themselves. But disproportionate amounts of money is potentially good - think of what billionaires can do if they are so inclined.