top | item 42904393

(no title)

develatio | 1 year ago

Exactly. People usually think of “them” as the very wealthy, but they don’t even realize that earning just a little bit over $40.000/year makes you belong to the top 10% of the world measured by wealth. Earning $60.000/year takes you to the top 5%. Chances are that “you” (average reader of HN) belong to the “them” you critique so much.

https://wid.world/income-comparator/

discuss

order

qgin|1 year ago

I'd bet the majority people reading Hacker News are the "them" by most measures.

was8309|1 year ago

sorry for late comment, but the problem is clearer to me when considering it as resource control, rather than 'wealth'. Earning $60k gives you control of barely nothing. It would take 10's of millions of dollars just to have any effect on a small US city. It's a football field with 9995 people stuffed in an endzone and 5 people controlling the rest of the field.