Deathwish: Why capitalism must eat the planet

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Re: Deathwish: Why capitalism must eat the planet

Postby MacCruiskeen » Sun Jan 15, 2017 9:29 pm

Eight billionaires 'as rich as world's poorest half’

By Katie Hope Business reporter, BBC News, in Davos

59 minutes ago
From the section Business

The world's eight richest individuals have as much wealth as the 3.6bn people who make up the poorest half of the world, according to Oxfam.

The charity said its figures were based on improved data and showed the gap between rich and poor was "far greater than feared".

Oxfam's report coincides with the start of the World Economic Forum in Davos.

But Mark Littlewood, of the Institute of Economic Affairs, said Oxfam should focus on ways to boost growth.

"As an 'anti-poverty' charity, Oxfam seems to be strangely preoccupied with the rich. [!!!] For those concerned with eradicating absolute poverty completely, the focus should be on ensuring the right institutional frameworks are in place to encourage economic growth," said the director-general of the free market think tank.

...

http://www.bbc.com/news/business-38613488


The rest of the Beeb's report consists mainly of quotes from other "free market" think-tankers, billionaires' apologists, and dutiful dismal-scientists, all saying, basically: "Hey, it's all good, baby, because trickle-down or something. Our wealth has nothing to with their poverty, no way! and anyway: growth is good. So shut your face, Oxfam, and help us keep building The Economy™."
"Ich kann gar nicht so viel fressen, wie ich kotzen möchte." - Max Liebermann,, Berlin, 1933

"Science is the belief in the ignorance of experts." - Richard Feynman, NYC, 1966

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Re: Deathwish: Why capitalism must eat the planet

Postby MacCruiskeen » Mon Jan 16, 2017 12:23 am

Capitalism offers a solution to every problem, even massive student debt.

Adam H. Johnson ‏@adamjohnsonNYC 14. Jan.

i see we've moved on to the "harvesting the blood of the poor" stage of late capitalism

Image

Image

Retweets 37.804 Likes 55.031 21:17 - Jan. 13, 2017

https://twitter.com/adamjohnsonNYC/stat ... 6559081474


Eating the planet includes drinking your children`s blood.

(At least now we know why Cheney and Kissinger are still alive undead.)
"Ich kann gar nicht so viel fressen, wie ich kotzen möchte." - Max Liebermann,, Berlin, 1933

"Science is the belief in the ignorance of experts." - Richard Feynman, NYC, 1966

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Re: Deathwish: Why capitalism must eat the planet

Postby Luther Blissett » Tue Jan 17, 2017 11:01 am

How does hidden wealth affect this statistic? Assuming the list then would no longer be:
Bill Gates
Amancio Ortega
Warren Buffett
Carlos Slim Helú
Jeff Bezos
Mark Zuckerberg
Larry Ellison
Michael Bloomberg
Would the world's richest eight people then be wealthier than 70% of the global population? More? What does it mean to add back $40 trillion to the richest few?
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Re: Deathwish: Why capitalism must eat the planet

Postby Iamwhomiam » Tue Jan 17, 2017 1:21 pm

Topping the list should be Putin, at $40 billion.
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Re: Deathwish: Why capitalism must eat the planet

Postby seemslikeadream » Tue Jan 17, 2017 1:22 pm

give or take $100 billion
Mazars and Deutsche Bank could have ended this nightmare before it started.
They could still get him out of office.
But instead, they want mass death.
Don’t forget that.
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Re: Deathwish: Why capitalism must eat the planet

Postby Luther Blissett » Tue Jan 17, 2017 2:07 pm

Gates is (publicly) worth about $426 billion.
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Re: Deathwish: Why capitalism must eat the planet

Postby Iamwhomiam » Tue Jan 17, 2017 4:10 pm

Right you are, Luther! I blew right by Gates.
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Re: Deathwish: Why capitalism must eat the planet

Postby MacCruiskeen » Tue Jan 17, 2017 5:09 pm

Iamwhomiam » Tue Jan 17, 2017 3:10 pm wrote:Right you are, Luther! I blew right by Gates.


You blew right by all the others, too. From the same BBC article:

Image

But I suppose no RI thread is complete in 2017 without either Putin or Trump in it as Bad-Guy-In-Chief.
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"Science is the belief in the ignorance of experts." - Richard Feynman, NYC, 1966

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Re: Deathwish: Why capitalism must eat the planet

Postby Luther Blissett » Tue Jan 17, 2017 5:13 pm

Wrong I am! Boy I misread the line about $426 billion - that's the total of these eight, minus their offshore holdings.

https://www.theguardian.com/global-deve ... poorest-50
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Re: Deathwish: Why capitalism must eat the planet

Postby Iamwhomiam » Tue Jan 17, 2017 5:45 pm

Thanks Mac, I suppose I didn't exhibit any rigorous effort to learn their individual incomes before commenting. Just reacted on impulse. Think any of them are liberals?

The $40B Putin figure was taken from the Bio doc. I posted. Gates would still be lead Putin, regardless, Luther.
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Re: Deathwish: Why capitalism must eat the planet

Postby KUAN » Tue Jan 17, 2017 9:28 pm

The billionaires are just doing what instinct dictates - get food.


https://www.youtube.com/watch?v=uXNfGURmin8

I dunno
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Re: Deathwish: Why capitalism must eat the planet

Postby conniption » Wed Jan 18, 2017 4:54 pm

RT

Davos elite play-acting as refugees ‘disgusting spectacle of small-minded rich people’


Published time: 17 Jan, 2017

The reenactment of the refugee plight is a popular event at the Davos forum. How about a popular event of being in a place where your houses is bombed, and your mother and father are killed, asked Gerald Celente, publisher, The Trends Journal.

The 2017 World Economic Forum annual meeting opened on Tuesday in the luxury resort town of Davos in the Swiss Alps. The theme of this year's gathering is Responsive and Responsible Leadership.

The Davos forum is often viewed as a meeting of the rich and powerful.

At this year's forum participants will be able to pretend they are undergoing the same deprivation as refugees.

Before the Davos forum opened the charity Oxfam released a report into the growing gap between the rich and poor. According to the report, the eight richest people in the world now have the equivalent wealth to the poorest half of the world's population put together. Moreover, it also says the ten biggest corporations now have greater earnings than 180 governments combined.

RT: Do you think it's ok to simulate the refugee life with rich people?

Gerald Celente: Well, this is a camp for billionaires, and they are acting like they are little campers. These are the kind of people that in the US they put ‘no bullying zones’ in school, as though it is going to stop things. And it is cowardly of them, as well, because none of them talk about the cause and effect of what is causing the great refugee crisis. It couldn’t be because of the destruction of Iraq. No, that has nothing to do with it – that has killed over a million people. It has nothing to do with the destruction of Afghanistan, the longest war in American history. It has nothing to do with the US, NATO, and its coalition of the killing, slaughtering people throughout Syria and forcing them to leave their homes…

According to the New York Times, this is what they write: “One notable event is a simulation in Davos of a refugee’s experience, where Davos attendees crawl on their hands and knees and pretend to flee from advancing armies. It is one of the most popular events every year.”

That is a popular event? How about a popular event of being in a place where your houses is bombed, and your mother and father are killed, and the soldiers are raping your sister. Could they deal with that? This is a disgrace, and it shows you the level of inconsideration, arrogance, and small-minded thinking of these little people with all of this money. This is a disgusting spectacle.

RT: Wouldn't it be better to send the money spent on the game to refugees?

GC: What you have in Davos? As the numbers are coming out, we have now eight people with more money than half the world’s population. The money in Davos could take care of refugee camps and migrants crises inflicting on other countries. But it is not in their interest, or so it is seems. Because again, the most important aspect of this is that no one is talking about the cause and effect.

Why did they [refugees] flee? It couldn’t be because of President Barack Obama, the Nobel Peace of crap prize winner, decided that [Muammar] Gaddafi has to go – along with NATO and other countries. They are the ones that caused this crisis. You have these little billionaires with bad attitudes and a lot of money playing in their billionaires’ club. Let’s play! And it is according to the New York Times, one of the most notable performances of this charade.

In March 2011, the first wave of a human tsunami washed ashore, tens of thousands of desperate refugees fleeing North Africa and the Middle East made landfall in the nearest Italian port. By mid-April, the United Nations reported that more than a half a million people had fled Libya in the preceding two months and that the pace of the exodus was picking up. - Trends Journal, Spring 2011

RT:The game has reportedly been held since 2009. Why for so long?

GC: Sociopaths and psychopaths never feel ashamed and are never sorry for what they do. Remember, a lot of these are bankers. So for all those people in the world who has lost their houses because of dirty deeds and lies, or “misdeeds,” as the white shoe boys like to call them. There is no regret.

Let’s just look at the facts. Six banks, and again these are the money people over in Davos, were convicted of felonies for rigging the Libor rates, the interest rates, and the Forex markets – those are the exchange markets, the currency markets, that traded $5.3 trillion a day. Six convicted of felonies. Did any of them go to jail? Do any of them give any time in paying for their penalties? Nothing. So that is what we have. A neo-feudal society. These are the economic elite and the political nobility feeling bad by crawling on the floor and playing refugee at the camp for billionaires.


http://www.swissinfo.ch/eng/wef-2017_re ... n/42861062

https://www.flickr.com/photos/crossroad ... 9181419725
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Re: Deathwish: Why capitalism must eat the planet

Postby SonicG » Fri Jan 20, 2017 9:40 am

Yes, speaking of Davos...
However, the president-elect obviously sees merit in the economic shindig, sending his newly installed advisor Anthony Scaramucci to temper any ill feelings. Scaramucci is a Davos regular and socialite whose message on Trump included the line: "He's a compassionate man, he loves his children, he loves people."
Indeed, it would be wrong to say that Davos was solely downbeat on the new regime. Far from it. A host of big names from Wall Street told CNBC they were optimistic on economic growth under Trump with JPMorgan Chase Chairman and CEO Jamie Dimon saying the country could grow at 3 to 4 percent this year with the right tax and regulatory reforms. Others like Hollywood actor Matt Damon suggested the world should give the new president a little time before making judgement.
http://www.cnbc.com/2017/01/20/davos-el ... ption.html


The rich will keep on eating very well with Trump...
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