Bogus extrapolations. On Jan 24, 7:52 am, "\"Lone Wolf\"" <[email protected]> wrote: > In the meantime whether or not Marxism has failed or not does not > alter the fact that capitalism is a miserable failure. I like to use > empirical facts rather than rhetorical nonsense. Infact I only oppose > capitalism because of objective reseach. This is not a stupid > ideological battle between capitalism and communism. I dont support > the regimes of Russia and China --they were not Marxist. I dont expect > anyone to take my word for it. Anyone who does their own investigation > would find the same thing that I did. > > • The wealthiest 10% of the world’s population accounted for 59% of > total private consumption > • The wealthiest 20% of the world’s population accounted for 76.6% of > total private consumption > • The poorest fifth of the world’s population accounted for just 1.5% > of total private consumption > • The poorest 10% of the world’s population accounted for just 0.5% of > total private consumption > • At least 80% of humanity lives on less than $10 a day > • The poorest 40 percent of the world’s population accounts for 5 > percent of global income. > • The richest 20 percent accounts for three-quarters of world income > • In 2005, the world’s billionaires, about 500 people (approx > 0.000008% of the world’s population) were worth $3.5 trillion (over 7% > of world GDP) > • In 2004 the total wealth of the richest 8.3 million people increased > by 8.2% to $30.8 trillion, giving them control of nearly one quarter > of the world’s financial assets. In other words about 0.13% of the > world’s population controlled 25% of the world’s assets > • From 1960 to 1997 the average income of the wealthiest 20% of the > population in the developed countries went from 30 times that of the > median income to 74 times median income > An analysis of long-term trends showing the distance between the > richest and poorest countries > • 3 to 1 in 1820 > • 11 to 1 in 1913 > • 35 to 1 in 1950 > • 44 to 1 in 1973 > • 72 to 1 in 1992 > > On Jan 24, 11:04 pm, Ohio mark <[email protected]> wrote: > > > > > come on wolfy, show us just one example of where your marxist > > socialism has worked. one example where the masses were lifted up and > > the rich were brought down. one example where your utopia has > > worked. ty;l`a 1- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum
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