Global Wealth Inequality - What you never knew

Via YT:

The extreme truth about how wealth is divided globally.
Inspired by the amazing "Wealth Inequality in America" video.
Production Company: Grain Media www.grainmedia.co.uk; Motion Graphics Artist: Nick Pittom www.nickpittom.com; Music: Sup Doodle and Apple Juice Kid www.AppleJuiceKid.com
References:
https://infocus.credit-suisse.com/app...
http://hdr.undp.org/en/reports/global...
http://www.oecd.org/dac/stats/final20...
http://iff.gfintegrity.org/iff2012/20...
http://data.worldbank.org/data-catalo...
http://www.bloomberg.com/news/2012-11...
Pollin, Robert. 2003. Contours of Descent: US Economic Fractures and the Landscape of Global Austerity. New York: Verso.
siftbotsays...

Double-Promoting this video and sending it back into the queue for one more try; last queued Monday, April 15th, 2013 4:04am PDT - doublepromote requested by eric3579.

chingalerasays...

I have a solution: Get those rich fuckers all on that jumbo jet he used in his analogy(rigged to be flown remotely), then send it into a mountainside during a blizzard. The day after this terrible tragedy, place all surviving relatives of the same on an International Most Wanted List....We can make a cute little deck of cards for everyone to have, with pictures and stats on them like they did for the terrible, terrible, terrorists in Iraq.

Spacedog79says...

Easy, don't use gold as your currency. Then don't borrow your entire fiat money supply from private banks and pay them interest on it. That's just stupid.

Paybacksaid:

Change the rules?

The Golden Rule: He who has the gold, makes the rules.

Try changing THAT rule.

chingalerasays...

Uhhh, only stupid for the 98% who don't control the playbook...Golds' a fine standard for a system un-orchestrated by thieves and cunts.

Spacedog79said:

Easy, don't use gold as your currency. Then don't borrow your entire fiat money supply from private banks and pay them interest on it. That's just stupid.

VoodooVsays...

one way or another it will work out. either through revolt or cooler heads will eventually prevail and taxes will be raised or loopholes will be eliminated.

This kind of wealth concentration is simply not sustainable over the long haul. There is always going to be poor people, there will always be rich people, but if you don't give poor people enough money to buy stuff, then guess what. your economy is broken.

money has to flow up AND down for an economy to work and right now it's only flowing one way. One way or another, that will be corrected. The only question is: How long will it take and how bloody will the process be.

cosmovitellisays...

Or they could do what they did last time - flee the continent and set up shop somewhere else.. oh hang on..

VoodooVsaid:

one way or another it will work out. either through revolt or cooler heads will eventually prevail and taxes will be raised or loopholes will be eliminated.

This kind of wealth concentration is simply not sustainable over the long haul. There is always going to be poor people, there will always be rich people, but if you don't give poor people enough money to buy stuff, then guess what. your economy is broken.

money has to flow up AND down for an economy to work and right now it's only flowing one way. One way or another, that will be corrected. The only question is: How long will it take and how bloody will the process be.

swedishfriendsays...

300 people! If they gave up half their money there would be no poor people anymore and those 300 would still be rich for generations to come. How does one of those people deserve to have the wealth of 10 million people put together? these are by definition the cruelest, dumbest, least among us and yet they are somehow worth 10 million times as much as your average person?

pavel_onesays...

Go ahead and distribute all the wealth in the entire world equally among the world's populace evenly, and I guarantee that in a short time, wealth 'inequality' would exist once again. And, as in the past, the smartest and hardest working would own it all. Keep the civilized world relatively stable for 200 years, and your bar chart of wealth would again approach that which you see in this video. Yes, despots will assemble armies and steal, but more business-savvy Teslas will appear and become just as wealthy. (Jobs or Gates anyone?) The nature of humans cannot be denied.

cosmovitellisays...

Yes you are right INHERITANCE is the corruption and would screw things up pretty fast even with a total reset.. from the sharp Nazi gunrunner to the imbecile drunk in 3 generations and a thousand more like him running every industry..

What if there was no inheritance? Everyone hitting 18 with a great intellectual and emotional education and with an equal shot?
Maybe even looking after those who fall so no fear, mental illness and costly private protections?
I think we'd do a thousand years of progress in one generation.. maybe I'm just a sap.

pavel_onesaid:

Go ahead and distribute all the wealth in the entire world equally among the world's populace evenly, and I guarantee that in a short time, wealth 'inequality' would exist once again...
The nature of humans cannot be denied.

snoozedoctorsays...

Do the math folks. Confiscate the total wealth of the 100 richest people on the planet and distribute it to every head on earth. Amounts to less than $300 US per person. It's not going to save the planet. As long as people are free, wealth inequality will exist and the freer the people are, the greater will be the disparity.

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