I don't think two people are individually capable of producing that much value for our society, this degree of wealth inequality is becoming more and more unsustainable. 2 people own as much as half of America's wealth, and 42 people now own as much as half the worlds wealth. 100% of all new wealth generated in America goes to the top 1%, as wealth inequality continues to rapidly grow, the effects on society will become evidently dire to all soon, if it hasn't already.
of course they are. they did. Its a fact, not a matter of opinion. He didn't inherit or steal the wealth. this is meaningless by itself. What matters is 'are people getting wealthier in general?'.
It seems you didn't even read one sentence I wrote. They don't have to liquidate anything and he doesn't have to forfeit voting rights.
For the first time in modern human history, the answer to that for the majority of Americans is no. Quintile Median Net Worth (2000) Change by 2011 Bottom -$905 -566% Next $14,319 -49% Middle $73,911 -7% Next $187,552 +10% Top $569,375 +11%
They definetely made their wealth in our society, my argument is that what they wake up and do day to day (strictly as individuals, not their entire companies) isn’t more valuable for our society then then what 160 million Americans do for our society. My argument isn’t that they cheated the system as it is, it’s that the system isn’t balanced properly. It’s not meaningless, as automation from technological advancement continues at its blazing pace, the middle class will die, there will only be the very very rich...and then the poor. This matters because money is power, and when all the power is in a handful of people’s control we begin to live in a oligarchy and not a democracy, and that’s what this country has been leaping towards over the past 40 years. I don’t want to live in a oligarchy.
He was close to replacing her with a robot up to the point where Android Zuckerberg testified in front of Congress
Ehh what’s the difference between 70 billion and 140 billion? Either way he has more money then he could possibly spend.
They spearhead the company (and its employees) that form the backbone of what is now the primary global marketplace. I disagree with you. They had an idea that they drove and changed the world with. You had (and have) the same opportunity. All you have to do is have the right idea, the right drive, and the right intelligence to make it happen. That's America. And you should be thankful for it and appreciative of it - the same can't be said for all other countries. The opportunities are balanced. The results aren't. That's life. You're probably right. Which side will you be on? (or do you intend to fight the tidal wave?) Only our government is a democracy. But, socially, economically, and in business, we are not a democracy, never have been, never will be, and never should be. The sooner you learn and accept this, the better off you'll be. You sound like a young, dream-filled person who makes broad, vague observations of life. It would be in your best interests to better understand the workings of the machine (not just its face).
Well, with men getting repeatedly financially r@ped in the family court these days, this is an important topic, and it's a person everyone knows about. People -- mostly men -- are waking up to what a bad deal the whole institution represents. And thus the hub-bub about this news topic.
Here, here. And great post in general. People b&tch about income equality. But they never talk about effort/work eithic equality.
The so-called "poor" in America have it better than most everyone outside America, and better than most anyone who ever lived on earth.