Driven by massive inequality, the world’s richest grew their fortune from $6.3 trillion to $14 trillion.
    • CanadaPlus@lemmy.sdf.org
      10·
      1 year ago

      Some of them literally have their money in Euros and European companies, which the US does not control. I’m not going to whine if you wanna revolution, that’s understandable, but be factual on the way.

      • granolabar@kbin.melroy.org
        2·
        1 year ago

        USD is the king but yeah euro system is the other half of the orphan crushing machine

        They subject to the same rules and interoperabile

        Oligarchs can move within eurodollar no problems

    • Pilferjinx@lemmy.world
      3·
      1 year ago

      Dude, I think that sentiment is shared among all the political spectrum. What happens after is what we tend to debate. I love communism in a vacuum, but many just see it as changing one corruptible system for another.

      • ReakDuck@lemmy.ml
        3·
        1 year ago

        I somehow like the system Germany kinda has. More Social while still having control. Some say its hard to become rich as a company, but also you can have many securities. Still. I prefer a mix of both worlds

    • TheReturnOfPEB@reddthat.comEnglish
      1·
      1 year ago

      I’m sorry that I whine about not killing people.

      As someone that has taken beating after beating I’m not down with violence except the verbal type. But worry not they take crazy-ies like me out to fields, make us dig our own graves, and then shoot us into them.

      So maybe I have a different view of violence for change than you.

    • Jarix@lemmy.world
      1·
      1 year ago

      A cabal of Digi-tech-al robber Barons running the country openly. Elon Musk is going to be a staff member of the US Government.

    • john89@lemmy.caBanned
      2·
      1 year ago

      Past time to change the system.

      Those who benefit and think they benefit from it will fight back, though.

  • GHiLA@sh.itjust.worksBanned
    13·
    1 year ago

    They’ll double next decade too, don’t worry. We humans aren’t really good at this planetary dominion shit. We’ve only really been at it for 200 years or so and we’re already fucking up.

      • Aux@sh.itjust.worksEnglish
        1·
        1 year ago

        Because inflation and stock markets are going nuts. And since everyone working has their pension invested, their wealth went up as well. Plus house prices went up. The problem is that people confuse wealth with money. And wealth is not money. You can’t buy bread with wealth.

  • Korkki@lemmy.world
    1·
    1 year ago

    It’s more like they have tons of more money and larger numbers in their portfolio. it’s however not a significant increase in actual wealth, since the money they have is increasingly wort less and the worth of their assets are increasingly more and more speculative in nature. The pockets of billionaires is where all the printed money eventually ends up and society is no richer for it. The money contributes to inflation, but it really doesn’t get invested or anything.