Showing posts with label billionairs. Show all posts
Showing posts with label billionairs. Show all posts

27 Jan 2014

Super-Rich Businessman Compares Treatment Of The Rich To The Holocaust

A billionaire has compared the treatment of the wealthy to the treatment of the Jews during the Holocaust.

einsatz7

Venture capitalist Thomas Perkins wrote an eyebrow-raising letter to the editors at the Wall Street Journal, comparing the plight of the rich to the mass murder by the Nazis, called "Progressive Kristallnacht Coming?"... and the WSJ published it.

"I would call attention to the parallels of fascist Nazi Germany to its war on its 'one percent,' namely its Jews, to the progressive war on the American one percent, namely the 'rich,'" Perkins writes. Thomas Perkins, one of the founders of venture capital firm Kleiner Perkins Caulfield & Byers, was comparing taxes on the super rich to the slaughter of millions in the Holocaust.

Huff. Post

13 Jun 2013

The Shocking Amount of Wealth and Power Held by 0.001% of the World Population

Many now know the rhetoric of the 1% very well: the imagery of a small elite owning most of the wealth while the 99% take the table scraps. 

forbes-billionairs

In 2006,  a UN report revealed that the world’s richest 1% own 40% of the world’s wealth, with those in the financial and internet sectors comprising the “super rich.” More than a third of the world’s super-rich live in the U.S., with roughly 27% in Japan, 6% in the U.K., and 5% in France. The world’s richest 10% accounted for roughly 85% of the planet's total assets, while the bottom half of the population – more than 3 billion people – owned less than 1% of the world’s wealth.

More on Alternet - The World's Billionaires on Forbes