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Inequality: Difference between revisions
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[[File:World inequality.jpg|alt=World inequality|center|700x700px|World inequality]] | [[File:World inequality.jpg|alt=World inequality|center|700x700px|World inequality]] | ||
[[File:Top-1-percent.jpg|alt=Top-1-percent|thumb|Top-1-percent]] | [[File:Top-1-percent.jpg|alt=Top-1-percent|thumb|Top-1-percent]] | ||
'''The image above divides the world's ~8bn people into four quarters based on the wealth they own. The poorest are to the left and as you descend to the right people become richer. | '''Wealth is different from income as it already exists. However there is no wealth tax only income tax...''' | ||
The image above divides the world's ~8bn people into four quarters based on the wealth they own. The poorest are to the left and as you descend to the right people become richer. | |||
The big blue man on the left represents the poorest, encompassing 68.7% of people<ref>''United Nations Department of Department of Economic and Social Affairs:World Population Prospects published in 2019, accessed via this [https://population.un.org/wpp/ link] on 10th February 2022..''</ref> and shows that they have less than $10,000. Let that sink in for a moment, the majority of the people on this planet live on less than 3% of its overall wealth (in red above). The next, blue person, represents the next quarter of people on the earth. This section owns $10,000-$100,000 in wealth which is around 23% of the population on earth. If you combine the largest and second largest blue people together you can see that 7.5 billion people i.e. 91.6% of people earn less than $100,000. What's very revealing is that around 8.4% of the world's wealth, 41% belongs to the rest of the lucky 0.5 billion or 500 million people on earth. | The big blue man on the left represents the poorest, encompassing 68.7% of people<ref>''United Nations Department of Department of Economic and Social Affairs:World Population Prospects published in 2019, accessed via this [https://population.un.org/wpp/ link] on 10th February 2022..''</ref> and shows that they have less than $10,000. Let that sink in for a moment, the majority of the people on this planet live on less than 3% of its overall wealth (in red above). The next, blue person, represents the next quarter of people on the earth. This section owns $10,000-$100,000 in wealth which is around 23% of the population on earth. If you combine the largest and second largest blue people together you can see that 7.5 billion people i.e. 91.6% of people earn less than $100,000. What's very revealing is that around 8.4% of the world's wealth, 41% belongs to the rest of the lucky 0.5 billion or 500 million people on earth. | ||