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originally posted by: MadLad
I don't think these figures account for economic mobility. The number of millionaires, especially in the US, is increasing exponentially year by year.
originally posted by: UncleTomahawk
Blame star trek.
A future without money and everything coming out of a machine tit.
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originally posted by: kelbtalfenek
a reply to: neoholographic
A socialism movement seems to be the legacy of unbridled capitalism. When 1% of the world holds 50% or more of the world's wealth and student debt is piling up, with no end in sight...coupled with the polluting of the world and the destruction of natural resources...well, what do you expect? Do you expect them to embrace the status quo?
originally posted by: peck420
originally posted by: MadLad
I don't think these figures account for economic mobility. The number of millionaires, especially in the US, is increasing exponentially year by year.
The millionaires stat is kind of a bogus thing to go off of.
My first million....I went to bed one night, woke up the next morning. That was it. Property values had gone gang-busters in my area, overnight. In some areas, values tripled...overnight.
Now, did this make me wealthier, poorer, or unchanged?
"It turns out that 12 percent of the population will find themselves in the top 1 percent of the income distribution for at least one year. What’s more, 39 percent of Americans will spend a year in the top 5 percent of the income distribution, 56 percent will find themselves in the top 10 percent, and a whopping 73 percent will spend a year in the top 20 percent of the income distribution."
originally posted by: chris_stibrany
a reply to: neoholographic
I saw a lot of mind programming to this degree in 'comedy' shows like SNL where there are skits talking about how the Boomers 'ruined' the economy and 'we younger people deserve to have their wealth.' I am not a boomer so I don't have a personal axe to grind, but yes it's very prevalent.
originally posted by: Guyfriday
originally posted by: UncleTomahawk
Blame star trek.
A future without money and everything coming out of a machine tit.
Except in Star Trek people are worth the value they bring to their societies. SO most of these people here today wanting socialism would still be worthless in the Star Trek universe too (hell the BORG probably wouldn't even assimilate them)
originally posted by: MadLad
That's essentially my point, and what I mean by economic mobility. It's just not the case that the people in the 1% and the 99% are always in those percentiles.
originally posted by: peck420
originally posted by: MadLad
That's essentially my point, and what I mean by economic mobility. It's just not the case that the people in the 1% and the 99% are always in those percentiles.
My assets and liabilities increased, but my cash flow remained the same. My economic mobility decreased from this, it did not increase.
originally posted by: UncleTomahawk
originally posted by: Guyfriday
originally posted by: UncleTomahawk
Blame star trek.
A future without money and everything coming out of a machine tit.
Except in Star Trek people are worth the value they bring to their societies. SO most of these people here today wanting socialism would still be worthless in the Star Trek universe too (hell the BORG probably wouldn't even assimilate them)
I dunno....
If i were commander i would still find a good use for aoc.
originally posted by: MadLad
Economic mobility travels both ways.