Black People : 13 Staggering Facts About The Global Super Rich

Discussion in 'Black People Open Forum' started by oldsoul, Nov 11, 2011.

  1. OldSoul

    OldSoul Permanent Black Man PREMIUM MEMBER

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    13 Staggering Facts About The Global Super Rich


    The world economy may still be in the doldrums, but global wealth continues to grow, hitting an all-time high this year of $231 trillion, according to a new global wealth report from Credit Suisse.

    And more than ever, that figure is concentrated at the top of the pile. A mere 0.5% of the world's population owns an eye-popping 38.5% of its total wealth.
    As protests against the "1%" continue to rage on in downtown Manhattan and cities across the globe, we're taking a look at how wealth is distributed and which countries are increasing their share of the world's richest people.

    0.5% of the world's population owns 38.5% of its wealth. This is insane.
    [​IMG]
    The U.S. is home to 32% of the world's billionaires and 41% of people whose net worth exceeds $10 million

    [​IMG]
     
  2. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    I propose study, contemplation, and action on how we each manage our households for safety and growth of wealth.
     
  3. Ankhur

    Ankhur Well-Known Member MEMBER

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    All due respect, I think you missed the point, each and every one of them got there to the top through what the libertarians label collectivism, not rugged individualism, the lie they tell us to keep us poor and petty wealthy, but destitute when they decide to sink the economy
     
  4. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    I did not miss that point. I'm well aware that a corporation is a form of collectivism.
    You are failing to consider a bit of information, so let me fill you in on such.

    The wealthy use collectives to extract money and resources from them, however what is theirs personally is their property.

    The pictures show individuals, not their collectives that they have either created or participated within them. Personal (individual) wealth.

    You should know that this form of collectivism (corporations) benefits primarily those who are either the trustees (executives) or beneficiaries (shareholders, equitable owners) of that collective. Not the whole.

    A corporation (or any collective) is a trust. Did you know that?
    You are advocating the creation of a pool in which assets are placed therein. Those who place assets within the pool divest themselves of legal title to the assets retaining only an equitable interest in such assets (assuming the trustees do not drop the participant from the pool). Once pledged within the pool, the assets can not be removed by the pledgor.

    These forms being trusts have major implications for its participants and the collective (trust) as a whole.

    What I advocated is mastering one's personal business and administration.
    Protect yourself from trusts (collectives) just as you create or participate within them.

    When you advocate for the creation of any trust, you are failing to consider:

    a) Moral hazard
    b) Command, control, and ownership of the assets within the pool
    c) Tragedy of the commons
    d) Human nature

    You want people who do have the resources and property to pledge some of their resources to the pool in support of people who have nothing. How will you motivate those who have resources to participate? Moral persuasion? Force?

    Nothing motivates most people like self-interest.
    "For the good of the whole" sounds good, however it frequently warps into something far from the stated purpose.

    "For the good of the whole" is what got you the Roman Catholic Church.
    "For the good of the whole" is what got you State and Federal governments now raging out of control.
    "For the good of the whole" was great cover for colonialism and paternalism.
     
  5. Ankhur

    Ankhur Well-Known Member MEMBER

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    no one said a word about corporations!

    Have you ever heard of the Knights of Malta?
    http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_malta01.htm

    Have you ever heard of Skull and Bones?
    http://www.bibliotecapleyades.net/esp_sociopol_skullbones.htm

    Have you ever heard of Bohemian Grove?
    http://www.bibliotecapleyades.net/esp_sociopol_bohemiangrove.htm

    have you ever heard of the Bilderberg Group?
    http://www.bibliotecapleyades.net/esp_sociopol_bilderberg.htm

    The CFR is a non profit organization
    http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_cfr_00.htm

    The Trilateral Commission is a non profit organization
    http://www.bibliotecapleyades.net/esp_sociopol_trilat.htm

    The Royal Institute of International Affairs (Chatham House)is a non profit organization
    http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_cfr_10.htm

    and these folks maintain the pyramid shown by hook or by crook
     
  6. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    I mentioned it. What do you think a corporation is?
    It is a collective! One of the most powerful out there.

    A corporation is a trust. That is a very important fact. Tuck that one in your hat.

    A corporation is a society. That is important too.
    Government is a corporation. The original corporation. The first.

    I've read on all of these groups.
    There is nothing much I can do about them.
    I can only focus on what I can control.
    I can start by not giving them or their societies my money, labor, time, energy, or power of attorney.

    I would also like to point out that while collectives can be a solution to some challenges, collectives are also one of your biggest problems.
     
  7. Ankhur

    Ankhur Well-Known Member MEMBER

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    Where are you at brother? are you responding to this thread
    13 Staggering Facts About The Global Super Rich
    the brother took the time to make or are you

    on some other ish now?

    aint nobody asked you to do nothing about anything this is a discussion plain and simple

    and don't think folks are stupid like we have not read your 52 definitions of the corporation

    I said collective not corporation and those NON PROFIT groups mentioned ARE COLLECTIVES!!!!!!!!
     
  8. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    I'm responding to your post that began this dialogue between us.
    I'm hoping to show you a different side of various collectives.

    If you start, I intend to finish :).

    I presented several divers definitions of a corporation, not 52.
    You might want to work on how to count.

    You have a flair for the dramatics and theatrics. I will give you that.

    Again, Ankhur, what do you think a collective is? How do you define a collective?

    Perhaps we need to reboot this discussion with a clear definition of a collective, its nature, as well as its properties?

    We should be able to hash this out between us to continue this discussion, should we not?
     
  9. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    Collective

    Collectivism
    I'll have to part ways with you on collectivism.
    I'm certainly not interested in being supervised by anyone least of all, government.
    Again, what is your definition of the term "collectivism"?
     
  10. Knowledge Seed

    Knowledge Seed Well-Known Member MEMBER

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    Shhhh....... Only intelligent Black folks that believe in Elijah Muhammad's "do-for-self and kind" are suppose to know that. You might anger the do-nothing negro with that kind of message!
     
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