More extremely rich people. It’s a good thing! It must be, because over the years, headlines in various outlets and referring to various countries have uncritically reported the rise in the number of millionaires or billionaires as though it’s something to quietly celebrate. Underlying the bullshit is the subtle suggestion that if you just work hard enough, make good decisions, be more enterprising or innovative, then you too can enter the halcycon realms of the 1%. It must be possible if the number of millionaires and billionaires is on the rise! Forget that 1% is 1% is 1%. Such annoying arithmetic details are for school kids.
NZ has 20% more people worth over $50 million today than it did in late 2015. Rejoice!!
Or don’t rejoice. Instead, question why the two wealthiest NZers have more wealth than the combined wealth of 30% of us, and see if you can figure out at whose expense their wealth might be coming. Or get agitated over the fact that over 1/3rd of those 252 individuals who are ‘worth’ more than $50 million paid tax on declared income of less than $70 000.
But nah, that’s the politics of envy, let’s not. Let’s instead, forget about how many people are working their arse off just to earn their poverty. Let’s shut our eyes to the cut backs and funding cuts across swathes of our society. We can all be rich, rich, rich!!!
Let’s fall in behind Steven Joyce proclaiming that it’s inevitable that some people will be more successful than others and that there will always be inequality, but what’s important is that everyone has the opportunity to get ahead in life
It might be laughable if it wasn’t so risible.