logoalt Hacker News

philipallstar • today at 3:50 PM • 1 reply • view on HN

> However, even in a literalist reading, the trends are obvious and alarming: Twelve people own more of the world's wealth than the bottom 50% of the population (!). [1]

That is indeed alarmist, at least. If you define wealth in a really stupid way you can get to that statement, but it has to be a really stupid way.


Replies

vrganj • today at 5:11 PM

Twelve people have the same negotiation leverage as half of humanity and you cannot see how that could possibly be conceived as alarming?

➕ show 1 reply