More like "It is all good because everyone else has it worse than us."
In 2016, 37% of national income went to the top 10% in Europe, compared to 61% in the Middle East: http://j.mp/30jkPuE pic.twitter.com/NMpY8rCElQ
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Is China not a communist (egalitarian) country?
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The other 1.386 billion are doing a thumbs up just out of this picture
pic.twitter.com/CLMN5yALWY
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So you agree wealth inequality, and a lack of proper redistribution are bad?
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That's... that's not at all reflected by this, the very much socialist countries like (most of Europe) and China aren't doing so hot right now
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But yet socialism works in Europe
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Price's Law: the square root of the number of people in a domain do 50% of the work. If there are 100 people in a company, 10 of them do 50% of the work.
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Edit: The middle east has 400 million people. According to Price's law, 0.005% should get half of the nation's earnings. Even the middle east is deeply unfair to the productive minority!
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So you’re saying it’s not just “those evil Western capitalists”?
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Not only that, but the top 10% of people owning 37% of the wealth seems like a pretty normal number considering that “earnings” and “wealth” tend to be governed by the pareto principle...
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