Wealth inequality risks triggering 'societal collapse' within next decade, report finds
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Nope. As I clarified in my edit, the exact timeline from the headline is usually wrong and never the point.
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Not to go off on a quite wild tangent from societal collapse but I think beyond propaganda Napoleon was often flanked by tall and hand-picked elite guards and ironically also old aristocracy generals themselves tall from richer diet and so appeared short in comparison.
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Agreed. We just know it's coming so it's time to prepare for battle.
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so it should read "something might happen eventually, we don't really know and we are probably wrong, so maybe just ignore this"
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Nope. It's DEFINITELY happening. It's just the sort of thing that's nearly impossible to predict the exact timeline of. It could be as soon as a year from now and it could be in fifty.
Either way, the problem is real and worsening NOW, which is the second best time to do something about it.
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There's a limit, and at this rate we are bound to get there eventually.
Look at it this way...either there is a finite amount of money, and the more it is amassed by a handful of people, the less there is for others to survive. Or there is an infinite amount of money, and it's worthless.
There really should've been a point of exponentially diminishing returns on personal wealth, like a long time ago. There shouldn't have been any super-rich after the steel barons of the early 20th century. You'd think we would've learned our lesson then.
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Already there.
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Does the word "risk" mean "guarantee"?
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Elon literally built a doomsday retreat in Texas, where most of the women he's fathered children live. as well as most of his children.
some notable exceptions, Grimes isnt there, nor the child who became Trans. for obvious reasons -
10 years ago, it was a night and day better world state.
Even Trump 1.0, the worst thing in the world at the time was the ISIS threat.
In Trump 2.0, We live in a world with- WW3 Basically in its opening stage in Ukraine, Russia is pretty much fucked, but NATO is fucked too now that the US is run by someone who hates it
- Post Covid destruction of the economy
- The billionares have turned megalomaniac and wormed their way into government ears
- The US had an attempted Coup, the person who organized it is now the POTUS. and the people who participated in it are on the streets
- the gradual increase of uneducated stupidity through social media and MSM TV Brainrot.
We've basically been in a spiral towards armageddon this decade, the 2020s are BRUTAL compared to the mid 2010s.
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I didn't realize he was in the flds
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Knock knock open up the door it's real!
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In before lemmy.world bootlickers delete these comments for "inciting violance."
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The participants identified a negative feedback loop, whereby the government’s failure to tax wealth effectively means it lacks sufficient revenue to uphold the social contract by which strong public services, an effective social safety net and a healthy economy provide people with decent living standards.
Trust in politics then declines further, politicians avoid honest discussions of the underlying problems and what to do about them, and the system’s legitimacy is increasingly questioned as the social contract collapses.
That's a nice story, but there's been plenty of even less egalitarian societies. Pretty much all of the ones in written history, actually.
More likely, in the short term a new, more coercive "social contract" will be rotated in if the trend continues. Heck, we're already seeing fealty to avoid personal retaliation back in style in the US.
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How is a wealth tax violence?
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You know, revolution is not the same as collapse.
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What about the world economic inequality?
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By the way, Trump wonders if Americans will let him treat them like this and continues to do "his business"