This continues a common but remarkably greedy line of thought where the existence of someone, somewhere, with a billion dollars suddenly robs life of all joy for everyone else. This may be a comforting thought to some people but it is also not a defensible position. It doesn't hold logically and as far as I recall all the major religions discourage thinking that way - likely because it leads to bad outcomes.
Poor people looking at the ultra-wealthy as a pot of money isn't going to work. We've seen how that plays out - the ultra wealthy buy up a few media firms and then gently redirect all the anger towards the middle class and/or stirs up social issues.
The focus really should be on absolute living standards and how to raise them. That is much harder to game and also fairer.
Poor people looking at the ultra-wealthy as a pot of money isn't going to work. We've seen how that plays out - the ultra wealthy buy up a few media firms and then gently redirect all the anger towards the middle class and/or stirs up social issues.
The focus really should be on absolute living standards and how to raise them. That is much harder to game and also fairer.