Comment on 'Global Oligarchy' Reigns as Top 1% Controls More Wealth Than Bottom 95% of Humanity
mako@lemmy.today 4 months agoBut what’s your point? Are people making $60k/year causing world hunger through artificial scarcity or is it the greed and mental illness of the capitalist class?
Maggoty@lemmy.world 4 months ago
The math doesn’t even math though. It’s 80 million people, globally. Are we to believe no other country contributes to this number? The entire rest of the “Western world” doesn’t contribute at all?
umbrella@lemmy.ml 4 months ago
i’m not sure, but the middle class in my third world country doesnt have even close to the buying power of the western middle class.
Maggoty@lemmy.world 4 months ago
That’s not how purchasing power parity works. You compare the incomes with the same power, no matter what class they are in their regional economy.
umbrella@lemmy.ml 4 months ago
thats sort of what i mean. if i were to compare it like that, only our 1% would be on par with the western middle class.