4 ms·

that's probably far fewer people than you think.

• riffraff 12y ago
  also in many places it's common that the house is co-owned between partners (i.e. husband and wife), so the two should have wealth for 1.5M$. Also, debts.
• zaroth 12y ago
  corysama says 45,045,226 adults. If they were all in the US, that would be 18.5% of the US adult population. "Of the remaining 52% of global wealth, almost 46% is owned by the rest of the richest fifth of the world's population, Oxfam said." So that's 94% of human wealth concentrated in the top 20% of humans. Keep in mind the 80th percentile global wealth is, according to TFA, $3,851. To me, I see this as an incredible opportunity, because I imagine with a few dollars of computing power and a network connection, a human would have everything they need (except for the requisite food, water, shelter, freedom, safety, and education) to readily earn that. To me that means there's no need to drastically redistribute wealth. What we need to redistribute is basic human necessities. Anyone can be brought up to current 80th percentile if we can just provide the basics. The solution to that problem has confounded humankind since inception, but as hackers we believe technology holds the key to an answer. * Updated after jzwinck's reply.
  • jzwinck 12y ago
    If you exclude people under 18 then 45MM is a lot closer to 1%.