Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy's entire GDP of €2.2 trillion and approaching France's €2.9 trillion economy, a new Oxfam report found.
  • eestileib@lemmy.blahaj.zoneEnglish
    59·
    23 hours ago

    I believe Plato pointed this out in The Republic.

    He thought the richest citizen needed to have no more then 5x the wealth of the poorest citizen or you would inevitably slide into oligarchy.

    • cecilkorik@piefed.caEnglish
      10·
      11 hours ago

      How strange that some Texas university was recently banning a professor from teaching Plato to students because it had too much “equality” in it.

    • nuxi@lemmy.worldEnglish
      29·
      22 hours ago

      We crossed that threshold so long ago that you can make 5x the poverty level and still not be able to afford a house.

      • Jack_Burton@lemmy.caEnglish
        48·
        21 hours ago

        Well 5x0 is 0 so yeah. This sounds like a good system though. Desperate for that Billion clout? Make sure everyone else has 200mil first.

        • just_an_average_joe@lemmy.dbzer0.comEnglish
          41·
          18 hours ago

          0 isn’t real, it is a social construct created by big math.

          You add by 0 and its still the same… what?

          You subtract by 0 and its still the same… why?

          You multiply by 0 and you BECOME 0, the heck?

          You divide by 0 and its… big not even a number just a concept… sure buddy!