this post was submitted on 07 Jan 2025
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Even more than the 1%, the 0.0001%. An excellent resource to illustrate this point:
Wealth Shown to Scale
I feel like everyone should go through this at least once. It’s eye-opening. Even people who we generally think of as crazy rich, like the average hedge fund manager, are just a drop of water in a pond compared to the ultra-wealthy.
I made it to the trillions but I clicked the paper billionair link and then had to restart. Fuck that haha
From there it just talks about a lot of things we could do with a fraction of the wealth of the wealthiest 400 Americans. Things like ending homelessness in America, ending malaria worldwide, and many others. By mildly inconveniencing 400 people, who would still all be absurdly wealthy billionaires even if 60% of their wealth were taken, we could dramatically improve the world.