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Topic: How rich are you?
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Lard Tunderin' Jeezus
rabble-rouser
Babbler # 1275
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posted 15 November 2004 03:36 PM
Very, very interesting.At my earnings peak over the last ten years, I hit the top 1% - and I didn't crack 6 figures. In my business start-up mode, primarily dependent upon my wife's salary this year, I still make it into the top ten percent. We Canadians seldom realize quite how privileged we are.
From: ... | Registered: Aug 2001
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paxamillion
rabble-rouser
Babbler # 2836
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posted 15 November 2004 03:44 PM
quote: You are in the top 0.881% richest people in the world. There are 5,947,111,293 people poorer than you.
I thought of this from Matthew 25.... quote: 41"Then he will say to those on his left, 'Depart from me, you who are cursed, into the eternal fire prepared for the devil and his angels. 42For I was hungry and you gave me nothing to eat, I was thirsty and you gave me nothing to drink, 43I was a stranger and you did not invite me in, I needed clothes and you did not clothe me, I was sick and in prison and you did not look after me.' 44"They also will answer, 'Lord, when did we see you hungry or thirsty or a stranger or needing clothes or sick or in prison, and did not help you?' 45"He will reply, 'I tell you the truth, whatever you did not do for one of the least of these, you did not do for me.'
From: the process of recovery | Registered: Jul 2002
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Reality. Bites.
rabble-rouser
Babbler # 6718
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posted 15 November 2004 04:15 PM
At $1000 a year you'd still be in the top 57.82%2000 23.62% 3000 14.92% 5,000 puts you at 14.59% 10,000 is 13.77% 15,000 is 12.95% 30,000 is 10.5%
From: Gone for good | Registered: Aug 2004
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Michelle
Moderator
Babbler # 560
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posted 15 November 2004 05:55 PM
Exactly, Steve N. When people start pulling this whole, "Hey, minimum wage slave! You're richer than the King of Outer Slobovia when you do the currency exchange," it doesn't make me think, "Aww, how progressive, and gee, that really made me think." I think, "This was probably made by some right-wing creep who wants to make people living below the poverty line in countries like Canada and the US feel bad for even dreaming of complaining." The TRULY rich would just love for us working stiffs to believe this crap.
From: I've got a fever, and the only prescription is more cowbell. | Registered: May 2001
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radiorahim
rabble-rouser
Babbler # 2777
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posted 15 November 2004 08:15 PM
quote: Mm hmm. And how much does it cost to live and function in our society, as opposed to in a third world country?I knew a woman once who told me that people on welfare in Canada are "middle class" because compared to people in Senegal, they are "rich".
While its quite true that it is more expensive to live in the "developed countries", I think that the site is a good reminder of how well we live in comparison to those in the third world. In this country we take (relatively) clean water coming out of the tap in our homes for granted. Something as simple as this is a daily struggle in many parts of the world.
From: a Micro$oft-free computer | Registered: Jun 2002
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Debra
rabble-rouser
Babbler # 117
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posted 15 November 2004 08:18 PM
quote: Originally posted by radiorahim:
While its quite true that it is more expensive to live in the "developed countries", I think that the site is a good reminder of how well we live in comparison to those in the third world. In this country we take (relatively) clean water coming out of the tap in our homes for granted. Something as simple as this is a daily struggle in many parts of the world.
Those people who have a house of course. Or whose water hasn't been turned off.
From: The only difference between graffiti & philosophy is the word fuck... | Registered: Apr 2001
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fuslim
rabble-rouser
Babbler # 5546
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posted 16 November 2004 04:40 AM
Another method of comparing the standard of living of various people is their oil consumption.Of course this doesn't differentiate between people in any given country. There are rich people in Sudan and Bangladesh, and poor people in Canada and the US. Here's a place listing oil consumption per capita for a number of countries and continents. While there are anomalies, such as Singapore which uses almost twice as much per capita than the US (highly industrialized, small population), the averages by continent are telling http://tinyurl.com/6q5an N. America = 55.28 bbls/day per 1000 pop. Europe = 32.76 bbls/day per 1000 S. America = 10.89 bbls/day per 1000 Asia = 5.27 bbls/day per 1000 Africa = 3.97 bbls/day per 1000 In that humans are energy consuming organisms, it seems clear to me that those who consume the greatest amount of energy are the wealthiest. This measure also avoids worrying about the value of local currency, or it's purchasing power.
From: Vancouver BC | Registered: Apr 2004
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periyar
rabble-rouser
Babbler # 7061
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posted 16 November 2004 11:52 AM
The main distinction between the 'developed' countries and 'developing' countries is the infrastructures-as someone earlier in this thread alluded to- in canada we have universal health care, access to education, public works for sewage maintenacne, waste disposal, water treatment, social services etc. We may feel that it doesn't go far enough- poor people do struggle immensely to access the basics and some of what i mentioned above does not even apply to some native reserves. Having said that, i have been to India- bombay, new delhi and smaller towns and the poverty there is beyond anything i've seen here- there are no food banks, shelters (and i'm not saying these are great solutions to poverty- but they provide some respite) but in india, even if there was the political will to equally distribute resources, the wealth doesn't exist there as it does here. An example of this is electricity, even in upper and middle class homes, one cannot rely on electricity 24hrs- it shuts off and on periodically throughout the day and night. I don't think we have to stop talking about poverty in poorer countries for fear that it negates the problem of poverty in Canada. Perhaps the way that this index is set up frames poverty as a competition which is unfortunate.
From: toronto | Registered: Oct 2004
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Fidel
rabble-rouser
Babbler # 5594
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posted 24 November 2004 02:43 AM
quote: Originally posted by Michelle: Exactly, Steve N. When people start pulling this whole, "Hey, minimum wage slave! You're richer than the King of Outer Slobovia when you do the currency exchange," it doesn't make me think, "Aww, how progressive, and gee, that really made me think." I think, "This was probably made by some right-wing creep who wants to make people living below the poverty line in countries like Canada and the US feel bad for even dreaming of complaining." The TRULY rich would just love for us working stiffs to believe this crap.
Yes, perhaps the economic gods will one day bestow the most basic economic security on billions of poor people around the world some time in the "economic long run." According to free market theologians, the desperate poor need only to keep the faith and drive alive. As our Linda McQuaig says about religion and free market theory, ~"At least religion has the afterlife to promise the poor."
From: Viva La Revolución | Registered: Apr 2004
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Québec Conservative
recent-rabble-rouser
Babbler # 7468
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posted 24 November 2004 03:35 AM
Current incomeYou are in the top 13.77% richest people in the world. There are 5,173,247,089 people poorer than you. How do you feel about that? A bit richer we hope. Please consider donating just a small amount to help some of the poorest people in the world. Many of their lives could be improved dramatically or even saved if you donate just one hour's salary (approx $6.94) Oh, and in case you’re interested you are the 826,752,911 richest person in the world. Expected income in 10 years from now You are in the top 0.288% richest people in the world. There are 5,982,660,435 people poorer than you. How do you feel about that? A bit richer we hope. Please consider donating just a small amount to help some of the poorest people in the world. Many of their lives could be improved dramatically or even saved if you donate just one hour's salary (approx $138.88) Oh, and in case you’re interested you are the 17,339,565 richest person in the world.
From: Gatineau Québec Canada | Registered: Nov 2004
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Le Téléspectateur
rabble-rouser
Babbler # 7126
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posted 25 November 2004 01:19 AM
quote: Exactly, Steve N. When people start pulling this whole, "Hey, minimum wage slave! You're richer than the King of Outer Slobovia when you do the currency exchange," it doesn't make me think, "Aww, how progressive, and gee, that really made me think." I think, "This was probably made by some right-wing creep who wants to make people living below the poverty line in countries like Canada and the US feel bad for even dreaming of complaining." The TRULY rich would just love for us working stiffs to believe this crap.
I think it is apparent from your argument that you have very little idea what it is like in the rest of the world. Although it is important not to lessen the idea of poorness here in Canada it is tremendously important to realize how wealthy our country is.
A better way of observing this gap is examining our "ecological footprint". Here!!! [ 25 November 2004: Message edited by: Le Téléspectateur ] Comon link work!!! [ 25 November 2004: Message edited by: Le Téléspectateur ] [ 25 November 2004: Message edited by: Le Téléspectateur ] [ 25 November 2004: Message edited by: Le Téléspectateur ]
From: More here than there | Registered: Oct 2004
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Papal Bull
rabble-rouser
Babbler # 7050
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posted 25 November 2004 01:33 AM
We have good healthcare, public transportation, all what we perceive as necessities for modern life. How can you not realize how lucky we are? Since I was a child my family raised me to look at the world, look at myself, and say "Hot damn, I'm pretty rich." If you take into account all of the money that is made in my house, we are in the top .7% of the world's rich. Now, I ask myself this...As a large nation with millions of wealthy people (by comparison) running around blowing their money, why can't we as a society decide to instead of leasing that Lexus, settle for the Saturn, and the money saved can go to a better cause? Maybe I'm the only one that loves that horrid stench of the dynamics of greed.
From: Vatican's best darned ranch | Registered: Oct 2004
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Papal Bull
rabble-rouser
Babbler # 7050
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posted 25 November 2004 01:58 AM
Well, yes. That is another example of the over extravagance that our society breeds. No immediate problems are met so long as we ourselves are satisfied before all others. And I am obscenely glad that you reminded me of the current use of dogs as pets. As expensive company and a symbol of wholesomeness. My family keeps two rescued greyhounds, which are lovely animals. But it seems that designer breeds, etc. are just that extension of wealth that arose during the Colonial period, when dogs stopped being effective tools with personalities into being completely used for accompaniment. They are a luxury that so few people in the world can really afford. Again, the oddities of the things that we take for granted. quote: Originally posted by clersal:
We must compare ourselves with the rest of Canada not the world. Too many differences. How about the homeless when the temperature is -20C? How do they compare?
Another thing that I never thought about. My mind keeps on imagining that people outside of Canada are ALWAYS worse off than us, and it wants to ignore the glaring problems that we have with poverty and homelessness within our "developed" and "advanced" nations.
From: Vatican's best darned ranch | Registered: Oct 2004
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Québec Conservative
recent-rabble-rouser
Babbler # 7468
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posted 27 November 2004 10:39 AM
quote: Originally posted by dillinger: ... who will probably have the gall to wax nostalgic about how he pulled himself up by his bootstraps above us mere mortals and so really deserves that SUV and giant house as compensation for his brilliance.although hopefully we will have socialism by then and have liquidated our ruling class so we won't have to listen to such twadle.
I sense jealousy in your post. Also, you judge me by knowing very little about me. Lame. Sorry to proove you wrong, but I am a very humble person , altough I take no shit from nobody , so I dont consider myself to be above or under anyone. It is my firm belief than all human beings are equal from conception to death no matter what. Also, I have no interest in cars - Im 21 and I dont even have my license yet - and will drive as less as possible. I like to walk and take my time. As for my future house, I dont know if it could be considered giant. I intend to move near the bar once my finances permit me to do it and the sector close to it is middle class with a lot of blue collars. My future house wont be oversized once I get married and have kids. But I am getting ahead of myself, I should get a girlfriend first
From: Gatineau Québec Canada | Registered: Nov 2004
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SJ Zero
rabble-rouser
Babbler # 7430
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posted 27 November 2004 12:48 PM
I'm in the top 14.27%. There may be people out there poorer than I am, but considering I'm 4k below the poverty line, and if it weren't for some very good decisions and a lot of self-control, I wouldn't be able to feed myself or keep myself sheltered, I don't think that matters. Perhaps there are people who are poorer on an absolute scale than I am, but I can tell you right now that it's a sliding scale. The 7k I'm living on this year would be enough to make me a god in some slightly poorer countries. I'm not there though. I'm in Canada. Over half the population of the world couldn't pay my rent here each month ALONE(even counting for the split between three people, making it extremely cheap by canadian standards) if they dedicated their entire annual paycheques to it. This isn't talking about heat, or food, or electricity, or water, or anything else, this is just my rent. 50% of the world obviously doesn't have to pay the same sort of money to get shelter, because otherwise they'd be on the street. 50% obviously don't have to pay the same amount for food, or they'd be dead. 50 percent doesn't pay the same for water, or electricity(yeah, I know, it's a luxury, whatever), or heat(which isn't -- without it in this country, YOU DIE), or any one of those other things that I'm paying for each month. In all, I wouldn't be suprised if my bills added up to more than a quarter of people on earth could afford in a year. If all things were equal, fifty percent of people would be dead, and at around 25% of people would be very very dead. Obviously, all things are not equal. I won't carry any shame in not being even more poverty-stricken than I am. Sorry.
From: Winnipeg | Registered: Nov 2004
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lagatta
rabble-rouser
Babbler # 2534
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posted 27 November 2004 03:13 PM
Yes it is silly for people on or near the poverty line. Actually, to live like a god, you'd have to go to MUCH poorer countries, not upper-tier Third-World ones. The wealthy there are very, very wealthy indeed, due to more loopholes. By the way, Conservative, you mean "envy", not jealously. Guess you haven't read enough Babs and Conrad (pre-débâcle, that is) I'm really not an envious person. I'm not interested in having a lot of "stuff", just not living in fear and insecurity...
From: Se non ora, quando? | Registered: Apr 2002
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Lord Palmerston
rabble-rouser
Babbler # 4901
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posted 27 November 2004 07:49 PM
quote: Originally posted by Michelle: Exactly, Steve N. When people start pulling this whole, "Hey, minimum wage slave! You're richer than the King of Outer Slobovia when you do the currency exchange," it doesn't make me think, "Aww, how progressive, and gee, that really made me think." I think, "This was probably made by some right-wing creep who wants to make people living below the poverty line in countries like Canada and the US feel bad for even dreaming of complaining." The TRULY rich would just love for us working stiffs to believe this crap.
Then again, another rightwinger may take this further. "I'll get the poor and working class people in the rich countries all outraged, and then have them talk about 'relative' wealth by country. Then they'll come to think that the slave wages in the South aren't so bad, relatively, after all." Of course, I don't believe any of this...
From: Toronto | Registered: Jan 2004
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Amy
rabble-rouser
Babbler # 2210
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posted 27 November 2004 08:40 PM
quote: It is my firm belief than all human beings are equal from conception to death no matter what.
Well, obviously not everybody believes that; if they did, there'd be no one dying because they couldn't afford clean water. As long as the world treats certain people as less worthy of a stable, safe life, they are going to need more help "get off the ground" than people who are treated as "equals"; that whole 'pull yourself up by your bootstraps' concept rarely works in places with no social security net. I think that, as far as Canada goes, though, I think that my conversation with my dad sums it up. me- dad, can i borrow some money for bills? dad- no, you should be better at saving. i just bought a house and needed to replace the engine in my car. me- please? i had to move out of my last house, so my rent went up and my budget got a lot tighter. dad- no, i can't afford it. I think that there is a basic misunderstanding in regards to what "being able to afford it" is. He and his wife have about 6 times as much money per year as my partner and I do, but they opt for 2 cars, a suburban house, regular holidays to exotic locations, etc. I can't afford most of the things he says are essential, and there are a lot of people who can't afford what i consider essential (eg: house heating).
From: the whole town erupts and/ bursts into flame | Registered: Feb 2002
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Panama Jack
rabble-rouser
Babbler # 6478
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posted 27 November 2004 10:46 PM
quote: Originally posted by Amy:
I think that there is a basic misunderstanding in regards to what "being able to afford it" is. He and his wife have about 6 times as much money per year as my partner and I do, but they opt for 2 cars, a suburban house, regular holidays to exotic locations, etc. I can't afford most of the things he says are essential, and there are a lot of people who can't afford what i consider essential (eg: house heating).
Well said Amy, Someone told me a while back that in Canada that the formula for the poverty line included having a TV as a "necessity"! This, an electronic consumable that typically costs more than then the average yearly wage of your average Vietnamese (~200 USD). Of course, much of North American's ability to "keep up with the jonezs" ('needing' your plasma TV instead of a normal one for example, or even questioning that 'need' to have a TV in the first place) is based on the availability of consumer debt, which some argue is in turn keeping our economy afloat right now...
From: Vancouver | Registered: Jul 2004
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Rich L
rabble-rouser
Babbler # 4915
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posted 30 November 2004 01:15 AM
Pretty groovy website and fun to play with. I have a few thoughts about it:It seems to me that there's a slight problem with the website in how it calculates rich-ness: how rich you are right now technically depends on how much money you have (a stock), not on how much your earn over a set period of time (a flow). For example, if I had $100,000,000 and filled up a swimming pool with but had no job at the same time, I'd be fabulously rich but yet have an income of zero and be poor according to the website. Of course, that's a moot point for most of us who depend on our income to feed ourselves, our income is a rough guide to comparative wealth. As someone mentioned above, the website is also simplistic in that it reduces wealth to a currency-only measure. Things such as access to resources in the form of family or community, education, safety from risk (such as crime, starvation, war, disease, natural disaster, unemployment - some of which may be offset by existing social programs or supports), and others should be included in a true measure of how rich one is. I think one good thing about the website is that it does take into consideration that wealth is relative. While there are absolutes of course (there are absolute minimums of wealth that humans require to live healthy lives), wealth is also a distributional issue (a point that right-wingers always try to downplay). An interesting addition to the site might be a separate calculator that shows how wealthy a person is in their own country relative to others. Even that might be a shocker for most Canadians - investment brokers, advisors, and mutual fund dealers often refer to the average Canadian as earning $60,000 so as to exaggerate the average tax savings and benefit. A couple of years ago, I saw a stat that said that half of Canadians' tax filings reported income of $30,000 and under.
From: Winnipeg | Registered: Jan 2004
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Chris Borst
rabble-rouser
Babbler # 731
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posted 30 November 2004 06:07 AM
The average Canadian male's income is appx. 32K, while the average woman's is appx. $22K.While there are, undoubtedly, many problems with simple money-income measures of "standard of living", especially using market exchange rates for global comparisons, we should all be wary lest we "doth protest too much". Canada is "so expensive to live in" primarily because the normative standard of living is so high - it costs a lot to live as high on the hog as we consider normal. Putting things in another perspective, global GNI/capita is US$5500. Were we to *poof!* have absolute equality of incomes across the planet, for everybody, that's (in principle) what it would be. That level puts one, currently, at the top 14.23%. The hard question for global democrats in the North/West: we're pretty much all in that top 14%, are we prepared to give up what's necessary to have equality with the other 85% of the world??
From: Taken off to the Great White North | Registered: Jun 2001
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