Summary
Oxfam’s 2024 inequality report revealed a record $2 trillion increase in billionaire wealth, reaching $15 trillion, while global poverty rates remain stagnant.
The top 1% own 45% of all wealth, and 44% of people live on less than $6.85 daily.
Oxfam predicts five trillionaires within a decade, citing inheritance and cronyism as key wealth drivers. Elon Musk may become the first trillionaire by 2027.
Oxfam calls for tax reform, monopoly regulation, and income redistribution to address inequality.
Critics warn unchecked wealth concentration threatens democracy and economic fairness.
When money is used in society as security for basic rights like a home, food and clean water, healthcare, political representation in government, then people hoarding wealth at the detriment of others are responsible and shouldn’t be surprised when those same people they oppress become violent.
This is why they are shoveling so much money into loyal robots.
The fact that we even have billionaires (and they should not be a thing. The notion of a trillionaire is even more fucking atrocious) is probably why donvict and elon are assuming power right now.
Without the broligarchs and their thumb heavily on media, both “legacy” and not, do you think there would be so very many stupid people willing to vote for the convicted felon?
Say it with me: Billionaires should not exist.
Decamillionaires should not exist as long as there is still poverty anywhere in the world.
Bullets don’t care about your net worth
Drones are extremely cheap.
Public trillionaires
Trillionaires almost certainly already exist. There are many people and families who do not publicly report their net worth. Putin is a good example.
Shopping list for this year:
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AR-15
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Any 9mm pistol
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Semtex
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Military surplus gear
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Toyota Tacoma
Good luck on number 3
https://www.dailymotion.com/Xplosives_net Xplosives was a illegal german forum with Germans biggest explosives community. There is some well dangerous knowledge. Produce it yourself.
(Moreover, this is not an invitation to do so. On the contrary, I strongly advise against it. Above all, you should never look for the forum at archive.org (or alternatives). You may be able to find all the instructions there to synthesize everything you need from commercially available goods, including for other end products.)Can I reverse engineer it?
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I mean, there is a way to cure billionaires and prevent trillionaires. Several cures, actually, some of which are likely more palatable than others.
No shit, fuckin obviously. This is how money works. The point is not the number it is the proportion (though obv they’re related)
Bro! But capitalism uplifted the most amount of people out of poverty than any other system right? Right?
Removed by mod
Let’s go Bezos!! We finna hit that big 1 trill real soon
Mentally unwell hoarders
They should get therapy rite?
I can’t remember where I heard this but apparently there are therapists for very rich people.
The therapist was on a podcast I think and discussing what they talk about.
Basically all rich people fear not having enough money. No matter how rich they get, they fear and obsess over not having enough money.
I thought it was interesting. These are people richer than God and they always want more.
A single million could really change someone’s life. Just one million.
With all of my expenses tallied up, for 15 years, I’m covered worry-free and all I’d need is at least $500k. That’s it. Another half of that, make it 30 years.
These rich people, having billions at their command, are set for like twenty lifetimes over.
Their children’s children’s children will be unimaginably wealthy. There is no need for any one person to have that much. We’re supposed to be in space ships exploring the galaxy, not lining up to work ourselves to death so some mentally unstable chode’s great-great-grandkids can go to an Ivy League school.
One million invested to the stock market pays you on average 70k a year in interests. Now imagine having a billion on the stock market.
Almost all the world could live anywhere from insanely comfortable to fairly comfortable with $70k/yr
These rich people, having billions at their command, are set for like twenty lifetimes over.
I get your point and hate to be overly pedantic but even a billionaire with “only” one billion dollars, using the most conservative investment strategy would literally have enough money for 200 people to earn $200,000/year forever.
Assuming you pull a salary for 60 years you could earn $100,000/yr for over 150 lifetimes with literally just one billion dollars.
If this is true, why then do they need to buy super ultra giant mega-yachts, private jets, mansions, islands, etc?
If you are worried about running out of money, you should be living a very meager and humble life. Is that what their therapist tells them, as part of their therapy?
I think they are more worried about running out of asshole.
Taking someone out on your yacht to finish a business deal is extremely common.
Like a Hollywood supervillains. Sounds like a cry for
Luigihelp to me
They take that as “hoard more money yes yes”
These are direct results of the government’s failure to govern. The whole purpose of government is to regulate.
Billionaire wealth should have immediately been taxed at the highest historical levels. Now we’re past the tipping point and have to simply endure living in an empire as it crumbles around us, while masses of rubes cheer their oppressors.
‘Now we’re past the tipping point and have to simply endure living in an empire as it crumbles around us, while masses of rubes cheer their oppressors.’ - I can still vote and will do everything in my power to tax the s**t out of those billionairs. So help me the flying spaghetti monster.
You’re forgetting about the masses of rubes. Who also vote. And are pure morons.
What are rubes in this context?
Simple farmers, people of the land, the common clay of the new west…you know, morons.
More seriously:
rube (noun): a country bumpkin
bumpkin (noun): an unsophisticated or socially awkward person from the countryside
‘rube’ also has the connotation of someone being taken advantage of or otherwise fooled
Well said.
Thank Reagan for that
Absolutely obscene.
