Topic: Some are hungry, some are losing their homes - some are doubling their wealth (Read 669 times)

Thank you all for participating in the discussion. Of course, we do not all have the same opinions, which is completely normal, but I believe that every normal person sees the disproportion of the distribution of wealth and that 90% of the world's population suffers direct consequences because of it. Politicians and global corporations perceive people as a necessary evil and work to make them dependent on systems over which they have complete control. That will be hard to change, because humans have become a bit like robots doing what they are programmed to do.

However, for a start we have Bitcoin which allows us to be somewhat financially independent not only in transactions, but also to protect our values. It’s a good starting point to start changing the world, from choosing honest politicians to saying no to companies that exploit people and promote modern slavery around the world.

This is why there should be going up taxes, the companies should be a part of it as well. If you have over certain amount of profit, you should be paying insane amount of taxes, you should be paying most of it back, FDR had as much as 90% and he really wanted to do 100% over a billion but couldn't.

So, I would say that if a company makes over a billion dollars in profit, I would say tax them over 70% new tax for every dollar they make over a billion dollars, keep all the taxes they are already paying, but a new tax for anything over a billion dollars, that could go towards helping people who are working but not making enough money. Or simply just get their whole revenue and tax that, facebook has Ireland as their main place of taxing because it is so low, I would say check their worldwide revenue and tax according to that.

We are living in a world where money manipulates mostly everything. The more money you have, the more impacts you have on the economy as well as politics. You can easily control the money flow on a market without any problem. And in this case, rich people will become richer and poor people can never escape the poverty circle

However, we cant not consider them as a god or some sort of that. We cant pray that one day they will share all of their money to every single man on the Earth. They don't have the responsibility to do that. Its how the world works and how many possibilities that the free market has given to us.

People are being too dependent on money. I don't judge anyone by claiming this sentence. The world is creating people, shaping us with a standard stereotype. And only a few people realize the fact that they are being manipulated since they were a child. And even if they know the truth behind everything, nothing can guarantee that they cant be standardized by their govs. It's about the mindset, our perspective of the world, and our education. Socialism was tested on the CCCP many years ago and it is still a fantasy dream to everyone.

Just live a life you want, don't try to become anyone. Be yourself, follow your dream and you will see that no one can controlled you

Governments are here for helping the rich individuals because they are bringing more revenue to the government and the life of this world is so unfair so if someone wants to become rich then they have to outsmart the existing people which is not really too hard to be honest.Most of the billionaires had the capital to invest money on something and made their company into one of the world's bigger but the system keep the people to not to have much money on their hands to do such things.

I try to wrap around my head with that concept but I do not think that we should be blaming these people when they go up. I know that I sound like an ass saying these but what we lack is oppurtunity and I do not think it is unfair that only few rise to the top, our society encourages competition so they did nothing wrong in my opinion, maybe their abuse to their workers are one thing but that is for another story. The reality might be harsh but we can do something about it, we do not want other people tearing down other people but when it is billionaires, it is justified? Another problem is there are so many who are not content with what they have, maybe it is a good thing but when it becomes an obsession then there is something wrong.

Remember that there is no healthy obsession.

This is the sad truth or harsh reality you can say. Every stock market crash brings in new billionaires or millionaires and on the other hand bring worries to the poor. Mukesh Ambani of my country has climbed up to position of 4th richest man from around 10th richest in this Coronavirus time itself. And he might just have donated a few million dollars into the government fund to fight his share of Covid. This is the sad reality these billionaires don't care about thr normal people. India has a lot of people who became rich in 2008 market crash some even made a fortune in local market crashes on 1991. Every crash makes a lot of billionaires.

Luck can be reversed mate and nothing is permanent in this world remember that.

So these richer people are really having good time now but we don't know what will happen in future.

while those people that you called miserable may find luck in their next years who may know?
I once become a desperate person also when i loss my Job in 2016 and has nothing to turn too,but in the next year i find much better job and until now i am enjoying it.

That's really how life is, there are some lucky people are even more richer, and many who are poor are even more miserable because of our current situation. We can't do anything because they are already on the top and they already reach the highest level that is impossible to turn them down. I just hope they learn to share the blessings they receive with the poor specially nowadays many are hungry and have lost their livelihood.

That's life bro and most of the people are just grabbing the opportunity that comes to them that's why they are already rich right now.

Life is so unfair and we need to deal with that because we have nothing to do but to deal with it and work hard as we can so that we can escape from poverty.

Those billionaires are really unfair although some of them already donated from the charities and poor people. Hopefully, people would understand that we should not rely on other people and the government. Being independent is really what we need, so that we can sustain our necessities and prevent losing our homes and wealth. But we have nothing to do to fight poverty during this pandemic as the rate of loss of job increases.

That's the self-made man fallacy. All these people didn't make themselves from nothing. For starters they have educated parents, some of them wealthy, that means they could all go to good universities. In the US universities are expensive, why ? There is no good reason for this.

I'm not saying they have no merit, and don't deserve to be rich. Nobody is talking about "distributing wealth evenly", that doesn't even make sense. We're talking about more redistribution, in the form of cheap/free healthcare and education, for example.

Helper always need Help mate and that is the Fact,not because they are tend to help others meaning they don't even need assistance as a matter of fact they are the less laid employee and always looking for a chance to grow up.
and now that the pandemic is here?they are the one who has been kicked out of Job and need a mutual support from government and other community.
Sorry but this is much brutal,Death is not just like something that we can wish on,because even how bad these people are?they have deserve a second chance.

SOmetimes it is also our mistake why these kind of people taking advantage of us because we are letting them to do that.

This is a great lesson that the Pandemic has thought the whole earth that sometime the helper might need help.

Truth be told, sometimes our inimical behavior toward the rich few is a little bit misplaced. In this system where the rich becomes richer and the poor poorer, both the rich and the poor may be considered victims of circumstance.

How are we to define greedy? If by greedy we mean that the rich's wealth is increasing in the direst of times, that can't be helped. If by greedy we mean that the rich are eating to their stomach's fullness while the rest are going hungry, billions and billions are actually being shelled out from their pockets for charities.

The issue is much much deeper than how it seems.

In order for someone to win, others must lose, and whatever the crisis and economic situation, there are always those who get the most out of that situation, because not everyone can be a loser.
Whether it’s power, ability, quick adjustment, skill, or a set of all that the average person isn’t able to have or isn’t in a position to make that breakthrough.
The system is like that, and an ordinary person lives in a different reality and always those at the top are a few steps ahead.

That's the only real problem I see with the "gig economy" and a major reason why the US needs to get its shit together regarding healthcare. Employers should not be in the "benefits" business. It hurts the competitiveness of small businesses far more than Amazon et al.

Perhaps payroll tax needs to be cleaned up too. The half-half arrangement between employer and employee doesn't make sense, it's still coming out of the same bucket.

With a proper healthcare system and no tax difference between "employees" and "contractors" it wouldn't matter if it's a gig or not. Unfortunately right now legislative efforts seem to be going the other direction - trying to make all gig workers into employees. I don't think that's going to work. It's not working in many other part-time situations where the employer simply won't schedule more than 30 hours a week to avoid making the employee full-time, and the employee ends up working two jobs to make ends meet, still without benefits, all perfectly legal. Such nonsense.

This is the sad reality which is really happening globally and its just really a shame for them to ask out some help even though they do know that they can handle it out without the need of help from others.

This really just proves out that they dont have sympathy nor do care into its employees in hard times like this.It really sucks when they didnt even making some action just to provide some help,
not on permanent basis but at least they do show of some consideration.

True role model wont really tend to shout out on what he had done but rather the people who have been helped will surely do the buzz.

Yes right, this recession has actually been going on since several years ago. but it peaked especially because of the impact of the COVID-19 pandemic. Whether this is true or just a global conspiracy. but in fact this has had a very bad impact, especially on the economy, at least in my country.

Seeing how their wealth has increased is sometimes sad especially when we also see how the majority of the population has to struggle every day just to get a bite of rice to eat with their families. 'It's true, this recession, this pandemic is making the poor even poorer. Many small businesses have gone bankrupt and are no longer operating. Unemployed workers. And also the increasingly rampant social inequality.
This may sound unfair. but this is the fact and maybe this will always happen, it will never stop.

While there are "role models" like those people, but there are also those who have made effort in helping the country financially to combat the pandemic who is considered as the REAL role model.
In my country we have Ramon Ang the CEO of Top Frontier Investment Holdings the largest share holder of San Miguel Corp. made almost $200m donation to help the country in eliminating the virus.
  https://business.inquirer.net/295084/smc-donation-for-covid-19-efforts-nears-p1-billion-help-extends-to-iloilo-leyte/amp

It's such a shame when a rich person is asking for donations to aid his own employees, when he himself can handle the expenses. Business still business amidst pandemic.

There are certainly those who want noncommittal, temporary, easy work or just a little something extra on the side (the burger flippers).

However, the size and growth of the gig economy suggests something else is happening. In the past 10 years, the share of gig workers at US businesses has risen by at least 15% (that actually only captures 1099-MISC workers). Half of that growth is from a shift from full-time employment to gig work. Companies do it because they can save so much on payroll taxes and employee benefits, and all projections I've seen show this is only going to continue.
https://www.cnbc.com/2020/02/04/gig-economy-grows-15percent-over-past-decade-adp-report.html
https://www.statista.com/statistics/1034564/gig-economy-projected-gross-volume/

That tells me it's not so much that an increasing proportion of the labor force wants to be burger flippers, but that there is less and less available full-time employment, so they are forced to take what is offered. It's businesses who are transitioning away from full-time employment. And they can because labor unionization is at one of its weakest points in recent history. When Lyft's PR spokesman says "drivers do not want to be employees, full stop," I don't believe that for a second. Lyft's biggest interest is in getting drivers as close to minimum wage as possible without paying out any payroll taxes or employee benefits. It's not drivers who want that, of course, but shareholders.

When you look at the insane growth of companies like Amazon and Uber, who pay most of their workers as gig workers, you have to think, that growth has to come from somewhere. It's eating into the market share of companies who follow the traditional employment model, which in turn forces more and more companies to cut labor costs themselves just to compete. It's a vicious cycle and the biggest losers are workers, who have little to no bargaining power in the current situation.

Maybe I'm reading too much into the trend, but the whole thing seems tragic to me. On the scale of decades, this seems like a path towards extreme inequality and also a potential health care crisis as workers increasingly go without health insurance.

Because the thing is, if you "donate" money to poor people you are just temporarily fixing a trouble that is really not fixing, you are just helping with the consequences of the problem itself whereas you should be fixing the trouble itself. Look at Bill Gates, he could have donated 30 billion dollars to Africa and the whole continent would be better for few years yet end up horrible eventually once again when the money dries up.

Instead of that what did he do? He simply CURED a disease there, which is 10x better than just donating money, tons of people are all alive thanks to him. That is what should be done, all those super rich wealthy people and families should not just donate 1% of their money and claim a high moral throne they do not deserve, they have to instead build an infrastructure to help the world to be a better place instead.