4 ms·

This is an interesting presentation (and told in a powerful way) on the wealth distribution in USA: http://www.upworthy.com/9-out-of-10-americans-are-completely

This is an interesting presentation (and told in a powerful way) on the wealth distribution in USA: http://www.upworthy.com/9-out-of-10-americans-are-completely-wrong-about-this-mind-blowing-fact-2 http://www.upworthy.com/9-out-of-10-americans-are-completely...

simias 13y ago
This is a terrible website tricking me into liking it on facebook. Here's the video on youtube: https://www.youtube.com/watch?v=QPKKQnijnsM https://www.youtube.com/watch?v=QPKKQnijnsM
- jschulenklopper 13y ago
  Sorry. I guess my social media button filter is tighter than yours, as I didn't see Like-buttons at all. On top, the introduction on UpWorthy, mentioning the authors reaction when watching the story unfold, added anticipation for watching it.
grannyg00se 13y ago
"All we need to do is wake up and realize that the reality is not what we think it is" Somehow I don't think a sudden realization is going to make a whole lot of difference. To make any difference we're going to need a complete upheaval of the mechanism and culture of the country. And not just any one country. The entire global financial system is geared to support and further this kind of imbalance.
tedunangst 13y ago
Here's a fun experiment: Graph what you think wealth distribution should be. Take the derivative to see what you think income should be. Take the derivative again to see what you think your raise should be.
- kd0amg 13y ago
  Derivative with respect to what? Time, so we can get money/time as the output? Differentiating a population percentage -> wealth with respect to time doesn't sound particularly informative.
  - tedunangst 13y ago
    You're right, there's some hand waving. The point is that most people draw ridiculously flat graphs, and if you work backwards to find an income/savings rate that makes the wealth graph, it's not pretty.

4 ms·

This is an interesting presentation (and told in a powerful way) on the wealth distribution in USA: http://www.upworthy.com/9-out-of-10-americans-are-completely

by jschulenklopper 13y ago

simias 13y ago
This is a terrible website tricking me into liking it on facebook. Here's the video on youtube: https://www.youtube.com/watch?v=QPKKQnijnsM https://www.youtube.com/watch?v=QPKKQnijnsM
- jschulenklopper 13y ago
  Sorry. I guess my social media button filter is tighter than yours, as I didn't see Like-buttons at all. On top, the introduction on UpWorthy, mentioning the authors reaction when watching the story unfold, added anticipation for watching it.
grannyg00se 13y ago
"All we need to do is wake up and realize that the reality is not what we think it is" Somehow I don't think a sudden realization is going to make a whole lot of difference. To make any difference we're going to need a complete upheaval of the mechanism and culture of the country. And not just any one country. The entire global financial system is geared to support and further this kind of imbalance.
tedunangst 13y ago
Here's a fun experiment: Graph what you think wealth distribution should be. Take the derivative to see what you think income should be. Take the derivative again to see what you think your raise should be.
- kd0amg 13y ago
  Derivative with respect to what? Time, so we can get money/time as the output? Differentiating a population percentage -> wealth with respect to time doesn't sound particularly informative.
  - tedunangst 13y ago
    You're right, there's some hand waving. The point is that most people draw ridiculously flat graphs, and if you work backwards to find an income/savings rate that makes the wealth graph, it's not pretty.