this post was submitted on 19 May 2024
676 points (93.1% liked)
Political Memes
5487 readers
2428 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Wouldn't a lower number of billionaires to a higher amount of profits be more favorable to everyone except billionaires? So that particular example actually favors the system in the USA, oddly.
Of course, GDP only accounts for excess goods and services sold to other nations, which for the USA includes financial services like trading platforms and exchanges, heavily skewing their actual production capacity.
I think so, yeah. Also, billionaire means anything more than 1 billion, right? It might help to look at how much wealth they actually have; for example, if one nation has 1 billionaire (with $30 billion) and another has 30 billionaires (each with $1 billion), I wouldn't argue that the former is especially better off.
I don't know, seems better to have 1 money hoarding asshole than 30...