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I agree that inequality is a growing problem for our economic and democratic models, but I think we need to keep two things seperate: Inequality of resource usa
by fauigerzigerk 13y ago
I agree that inequality is a growing problem for our economic and democratic models, but I think we need to keep two things seperate: Inequality of resource usage and inequality of resource ownership.
The super rich may be thousands or hundereds of thousands of times as wealthy as the average person, but they do not eat thousands of times as much and they do not personally use thousands of times as much energy as the rest of us.
The 0.1% and not even the 1% can ever eat enough for the rest of us to go hungry. There isn't going to be famine due to resource scarcity in developed countries. At least not because the rich have used all the resources.
This hasn't always been the case. I believe (correct me if I'm wrong as I'm not a historian) that hundereds or thousands of years ago the elites could actually use not just own so much of the available resources that there wasn't enough left for the masses.
Inequality of asset ownership is to a large degree inequality of power. Mr. Brin can wake up tomorrow and say ha!, today I'm going to set up a lab staffed with top scientists that are going to figure out how to build a space elevator. Or he can buy himself a senator or two. I can't do that. He can. But we can both eat and the food won't be that different (I believe).
- danbruc 13y agoIf you don't compare the rich and the poor within countries but on a global scale the situation looks a bit different. I have no source at hand to prove my point but if I remember correctly the first world wastes enough food that we could almost feed every human on earth if we would stop that and redistribute the food instead.
- fauigerzigerk 13y agoThey are not going hungry because we are eating too much. That causality doesn't exist. Famine is the result of wars, corruption and generally bad policy.
- danbruc 13y agoI did not want to imply that, I wanted to say that the rich are capable of wasting a LOT of resources.
- ahomescu1 13y agoI was thinking exactly this as I was reading the paper. Their scenario is that the "Elites" will consume everything and lead society into a collapse, but that's nowhere close to current reality. In fact, I'd say some "Elites" under-consume (Warren Buffett comes to mind, he's had the same house and crappy old car for decades, if I remember correctly).