Re:Report: 110 people own 35% of Russia's wealth
by jschulenklopper on Thursday October 10, 2013 @09:17AM
(#6527408)
This is an interesting presentation (and told in a powerful way) on the wealth distribution in USA: http://www.upworthy.com/9-out-of-10-americans-are-completely...
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Re:Report: 110 people own 35% of Russia's wealth
by simias on Thursday October 10, 2013 @09:35AM
(#6527532)
This is a terrible website tricking me into liking it on facebook. Here's the video on youtube:
Re:Report: 110 people own 35% of Russia's wealth
by jschulenklopper on Thursday October 10, 2013 @01:54PM
(#6529109)
Sorry. I guess my social media button filter is tighter than yours, as I didn't see Like-buttons at all. On top, the introduction on UpWorthy, mentioning the authors reaction when watching the story unfold, added anticipation for watching it.
Re:Report: 110 people own 35% of Russia's wealth
by grannyg00se on Thursday October 10, 2013 @09:39AM
(#6527563)
"All we need to do is wake up and realize that the reality is not what we think it is"
Somehow I don't think a sudden realization is going to make a whole lot of difference. To make any difference we're going to need a complete upheaval of the mechanism and culture of the country. And not just any one country. The entire global financial system is geared to support and further this kind of imbalance.
Re:Report: 110 people own 35% of Russia's wealth
by tedunangst on Thursday October 10, 2013 @11:18AM
(#6528184)
Here's a fun experiment: Graph what you think wealth distribution should be. Take the derivative to see what you think income should be. Take the derivative again to see what you think your raise should be.
Re:Report: 110 people own 35% of Russia's wealth
by kd0amg on Thursday October 10, 2013 @04:02PM
(#6529713)
Derivative with respect to what? Time, so we can get money/time as the output? Differentiating a population percentage -> wealth with respect to time doesn't sound particularly informative.
Re:Report: 110 people own 35% of Russia's wealth
by tedunangst on Thursday October 10, 2013 @04:21PM
(#6529803)
You're right, there's some hand waving. The point is that most people draw ridiculously flat graphs, and if you work backwards to find an income/savings rate that makes the wealth graph, it's not pretty.