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submitted 10 months ago by silence7@slrpnk.net to c/climate@slrpnk.net
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[-] grue@lemmy.world 35 points 10 months ago

I think it's worth noting that being counted among the "rich people" (defined by the article as the world's top 10% by income or wealth) starts at a number a lot lower than most Americans (or Westerners in general) might realize: $122,100/year measured by income, or $771,300 measured by net worth. (Source: World Inequality Report 2022, page 9.) In fact, even that second figure might be (vastly) overstated, because another paper I found claims that it only takes $138,346 net worth to be in the top 10%, and $1,146,685 gets you into the top 1%! (Source: Credit Suisse Research Institute Global Wealth Report 2022, page 22.)

In other words, a Hell of a lot of those global rich people are Americans who are deluding themselves to think they're middle-class and not part of the problem. We're not talking about just Musk and Bezos and shit; we're talking about you and me. Literally, in fact: at least according to the Credit Suisse definition, I myself am one of the rich people @z3rOR0ne@lemmy.ml wants to eat!

[-] Etterra@lemmy.world 1 points 10 months ago

As a poor person living on disability in America, I absolutely agree. If you're making $100k, you're fucking rich, and if you're making half that I'm still gonna be keeping and eye on you.

[-] Chouxfleur@lemmy.world 1 points 10 months ago

I'd bloody love to be earning half that ๐Ÿ˜‚ at least I know now that I'm not in the 1%.

Bring out the guillotine I guess!

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this post was submitted on 07 Nov 2023
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