So you're saying, if we raised taxes by a *further 30%* on *half the population of the developed world*, we could have global universal healthcare? That might be a good idea, but your framing of it makes it sounds like it'd just be a small rise in taxation on billionaires
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I mean a 27% tax on the richest 1%, who constitute 75 million people. Their *average* income is $270,000 per year. This would still leave them with nearly $200,000 in annual income, more than any human could ever reasonably need.
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That number can't be right - global GDP is around 70 trillion last time I checked, no way income is 15% of that
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World GDP is $86 trillion. According to the World Inequality Database, the richest 1% capture over 20% of it.
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Wrote this some years ago: "Our present system of economic justice rests on a combination of greed and deprivation, on obtaining what most people desire but only a few can afford. It’s not about handling scarcity but creating it. Without inequality, it doesn’t work."
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Well said.
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It's funny, I was reading a report commissioned by LBJ in the 60s where mainstream economists readily acknowledged that scarcity was then myth. Gotta keep drilling this messages: Poverty is a policy choice Poverty is a policy choice Poverty is a policy choice
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Freeing hidden stashes would work too...https://www.bbc.co.uk/news/business-18944097 …
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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