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We are neither revolted nor have we revolted. In 2014, the 85 richest people have wealth equal to that of the poorest 3.5 billion — half of the world’s populat
by jamesblonde 13y ago
We are neither revolted nor have we revolted.
In 2014, the 85 richest people have wealth equal to that of the poorest 3.5 billion — half of the world’s population [Oxfam report 2013]. The wealth of the richest one percent of people in the world is 65 times the total wealth of the bottom half of the world's population. And history will remember the IT industry as the poster-boy for the economic inequality that defines our age.
But, we, the workers of the IT industry, are neither revolted nor have we revolted. Instead, we have happily bought into the myth that we too could become as wealthy as Mark Zuckerberg. Our golden goose algorithm goes as follows: (1) get experience (be poor), (2) found a company and work hard (be poor for a bit longer), then (3) sell the company (get rich). Then we can either retire or return to step (2) as an investor (the highest of castes, exceeding even founders).
We are as stupid as the general population who believe we all can aspire to be members of the one-percenters.
- pvnick 13y ago>We are as stupid as the general population who believe we all can aspire to be members of the one-percenters. Why would you want to be? You think having that much wealth would make you happy? Why not be satisfied with living a comfortable life of plenty?
- jamesblonde 13y agoPlenty of social studies show that median happiness is lower in societies with relatively higher income inequality. So, while you may be the exception and can be happy while your neighbours have more than you, most people aren't.