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Cake day: August 2nd, 2023

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  • We’ve had six straight administrations of almost total non-enforcement of antitrust. I’m happy with Biden bringing lots civil cases when no one else has done anything about the problem, especially because civil cases are much easier to win. The goal should be to fix the problem more than punish people for what past administrations effectively legalized.












  • The crazy thing is everything up to this point was so much better. They’d show biden waiving at “nobody” and then they’d zoom out and there’s someone standing there. Or he’d say “president of Mexico” when he meant to say “president of Egypt”. But then last night was like nonstop fail. It’s the perfect nightmare scenario because now everyone can say “You shoulda seen it sooner!” but really, we couldn’t.


  • rsuri@lemmy.worldtoLemmy Shitpost@lemmy.worldEat the rich?
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    3 months ago

    According to this wikipedia page - Median wealth per adult globally is estimated at $8,654 for a total population figure of 5.5 million, quite a bit less than the global population estimated at 8.1 billion. I’m guessing because this is “per adult” rather than per person. The children of the world are all on the low end of the wealth spectrum and probably would be a large share of the 3.6 billion.

    Also questions can be asked about how they value wealth, do we consider debts, etc…in which case there’s a lot of people with zero wealth or less, as well as a lot of people who don’t have bank accounts and whose wealth is hard to measure is any ordinary sense. Point being, this particular comparison is kind of meaningless without more context. There’s probably ways you can do it to get an even larger number than 3.6 billion.

    But a more useful and perhaps more surprising metric is that 8 people have as much wealth as 158 million median people. Which is still ridiculous, like those 8 people are worth a Russia’s entire population’s worth of people. And not just of poor people, but your average adult person who likely has a job and may even be considered on the well-to-do side within some poorer countries.