@return2ozma@lemmy.world to A Boring Dystopia@lemmy.world • 24 hours ago'Global Oligarchy' Reigns as Top 1% Controls More Wealth Than Bottom 95% of Humanitywww.commondreams.orgexternal-linkmessage-square31fedilinkarrow-up1358arrow-down13cross-posted to: worldnews@lemmy.ml
arrow-up1355arrow-down1external-link'Global Oligarchy' Reigns as Top 1% Controls More Wealth Than Bottom 95% of Humanitywww.commondreams.org@return2ozma@lemmy.world to A Boring Dystopia@lemmy.world • 24 hours agomessage-square31fedilinkcross-posted to: worldnews@lemmy.ml
minus-square@Maggoty@lemmy.worldlinkfedilink9•6 hours agoThe math doesn’t even math though. It’s 80 million people, globally. Are we to believe no other country contributes to this number? The entire rest of the “Western world” doesn’t contribute at all?
minus-square@umbrella@lemmy.mllinkfedilink1•3 hours agoi’m not sure, but the middle class in my third world country doesnt have even close to the buying power of the western middle class.
minus-square@Maggoty@lemmy.worldlinkfedilink1•17 minutes agoThat’s not how purchasing power parity works. You compare the incomes with the same power, no matter what class they are in their regional economy.
The math doesn’t even math though. It’s 80 million people, globally. Are we to believe no other country contributes to this number? The entire rest of the “Western world” doesn’t contribute at all?
i’m not sure, but the middle class in my third world country doesnt have even close to the buying power of the western middle class.
That’s not how purchasing power parity works. You compare the incomes with the same power, no matter what class they are in their regional economy.