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Manifestor_of_Light

(21,046 posts)

56. I'd like to know about income versus wealth distribution.

Wed Oct 22, 2014, 01:00 AM

Oct 2014

You could have a lot of assets, but not much income.

You could have a lot of income, but very few assets if you spent it all. Or a negative net worth.

Most of the stats I see around here concentrate on income, usually earned income, rather than wealth.

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With numbers like this, how long will it be before the whole system ruptures? [View all] GliderGuider Oct 2014 OP

Saw this in a couple places, but Bigmack Oct 2014 #1

A real anarchist isn't someone who screams, "Overthrow the system!" but rather Nuclear Unicorn Oct 2014 #40

This 3 minute video has an interesting perspective on anarchism, I think. RadiationTherapy Oct 2014 #55

Thank you for the video Nuclear Unicorn Oct 2014 #58

I don't personally have heroes or idols, but RAW is one of the greatest influences on my life. RadiationTherapy Oct 2014 #59

But...but...it's gonna start trickling down any day now!!! KansDem Oct 2014 #2

The Kpchs were worth 4 billion when Obama took office maindawg Oct 2014 #23

What are you talking about? Forbes has each brother worth $19 billion in 2008. Make7 Oct 2014 #35

Nope, it was back in 2004 AZ Progressive Oct 2014 #44

If you think it's bad now Andy823 Oct 2014 #3

Due to general ignorance and a strong belief that the oil fields can "come back" (????) - raven mad Oct 2014 #50

Look around, it already has Taitertots Oct 2014 #4

Yes, that's my take on it as well. GliderGuider Oct 2014 #9

Hey Glider, I've long respected your contribution to the discourse around these kind of issues both ChisolmTrailDem Oct 2014 #5

Believe it or not, my take on this is that's it's largely a natural process. GliderGuider Oct 2014 #10

RE: your fourth paragraph....... socialist_n_TN Oct 2014 #60

I had another friend point out this wrinkle, though GliderGuider Oct 2014 #61

Hopefully the workers in these real assets take them....... socialist_n_TN Oct 2014 #62

How long will it be until last week? notrightatall Oct 2014 #6

Rich people are just not all that smart. Some are cunning. greatlaurel Oct 2014 #7

This concentraton of wealth in the hands of a few is a feature, not a bug, of global KingCharlemagne Oct 2014 #8

Absolutely! See my post above about how I think it's a natural phenomenon. nt GliderGuider Oct 2014 #11

I recently saw a very plausible estimate that hifiguy Oct 2014 #15

Does money ever "sit there"? GliderGuider Oct 2014 #17

Yeah.... Rich people don't let their money "sit there" Adrahil Oct 2014 #65

Agree 1000%. I would merely note that the physical assets that $30-40 trillion KingCharlemagne Oct 2014 #18

What America needs is a socialist government that would expropriate and nationalize the means of Louisiana1976 Oct 2014 #34

i'd be content to leave the means of production for non-essentials hifiguy Oct 2014 #47

Add retirement abelenkpe Oct 2014 #52

There should be maximum personal and corporate wealth limits mb999 Oct 2014 #54

it will get far worse before everything implodes, hifiguy Oct 2014 #12

Ten years sounds about right to me. GliderGuider Oct 2014 #14

Maintenance costs The2ndWheel Oct 2014 #31

Speaking of maintenance costs GliderGuider Oct 2014 #36

As they say, Rome wasn't destroyed in a day . . . . hatrack Oct 2014 #38

+1 nt GliderGuider Oct 2014 #39

RWNJs will have to turn against Fox & Co first ffr Oct 2014 #22

Actually, it probably need not come to that. The educated sons and daughters of the KingCharlemagne Oct 2014 #25

Civilization is an external resource concentration mechanism The2ndWheel Oct 2014 #13

Are they actually hoarding the wealth? GliderGuider Oct 2014 #16

Hoarding might not be the right word The2ndWheel Oct 2014 #21

Yes, "funneling" works. GliderGuider Oct 2014 #27

Not anytime soon. MontyPow Oct 2014 #19

This isn't an American problem. It doesn't have a "Made in America" solution. GliderGuider Oct 2014 #20

I think there can be an American solution. MontyPow Oct 2014 #45

The shepherd always tries to persuade the sheep that their interests and his own are the same. Tierra_y_Libertad Oct 2014 #24

How much different are those numbers hfojvt Oct 2014 #26

Feudal Lords and...serfs Docross Oct 2014 #28

It's fascinating watching how democratized communication has changed things. GliderGuider Oct 2014 #32

What has that changed? The2ndWheel Oct 2014 #33

North Korea isn't rising up elehhhhna Oct 2014 #49

5 years Kalidurga Oct 2014 #29

It's not that the PTB *have* so much. It's that they *charge* so much valerief Oct 2014 #30

Isnt a significant percent of this forum part of the global 1% Travis_0004 Oct 2014 #37

The measure her isn't income, but wealth - net worth. GliderGuider Oct 2014 #41

I'd like to know about income versus wealth distribution. Manifestor_of_Light Oct 2014 #56

Do we know what it is? I suspect many of us... Adrahil Oct 2014 #64

Yep.... Easily. And almost all Americans are in the top 10% Adrahil Oct 2014 #63

Was the Keene,NH riots a beginning of 99% revolt without them knowing it??? CK_John Oct 2014 #42

I don't know if Keene qualifies, but OWS sure does. GliderGuider Oct 2014 #43

Okay, I have read every post in this thread. I need to start reading again. I know what you are jwirr Oct 2014 #46

But that one percent work much harder than the 99%.* Enthusiast Oct 2014 #48

Once the rich steal everything from us they will then begin cannibalizing their own Dont call me Shirley Oct 2014 #51

As surely as the sun rises in the east. hifiguy Oct 2014 #57

They want it ALLLLLL! Uben Oct 2014 #53

The only 'rupture' (Rapture?) that will occur is that taxation will become more equitable. randome Oct 2014 #66