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submitted 1 day ago* (last edited 1 day ago) by HellsBelle@sh.itjust.works to c/world@lemmy.world

Fewer than 60,000 people – 0.001% of the world’s population – control three times as much wealth as the entire bottom half of humanity, according to a report that argues global inequality has reached such extremes that urgent action has become essential.

The authoritative World Inequality Report 2026, based on data compiled by 200 researchers, also found that the top 10% of income-earners earn more than the other 90% combined, while the poorest half captures less than 10% of total global earnings.

Wealth – the value of people’s assets – was even more concentrated than income, or earnings from work and investments, the report found, with the richest 10% of the world’s population owning 75% of wealth and the bottom half just 2%.

In almost every region, the top 1% was wealthier than the bottom 90% combined, the report found, with wealth inequality increasing rapidly around the world.

“The result is a world in which a tiny minority commands unprecedented financial power, while billions remain excluded from even basic economic stability,” the authors, led by Ricardo Gómez-Carrera of the Paris School of Economics, wrote.

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[-] Maeve@kbin.earth 3 points 1 day ago

Sounds like you need to look at their lifestyles and whether sick and dying are turned away due to no money or insurance.

[-] fonix232@fedia.io 1 points 22 hours ago

Bitch, I'm in Europe, sick people aren't turned away and dying most definitely not.

Also, lifestyle define petite bourgeois not. The actual definition does. Which goes:

Petite bourgeoisie is a social class composed of small business owners, shopkeepers, small-scale merchants, semi-autonomous peasants, and artisans. They are named as such because their politico-economic ideological stance in times of stability is reflective of the proper haute bourgeoisie (high bourgeoisie or upper class). In ordinary times, the petite bourgeoisie seek to identify themselves with the haute bourgeoisie, whose bourgeois morality, conduct and lifestyle they aspire and strive to imitate.

The term also often stated to be of the lower middle class - however keep in mind that this class definition is the traditional British/European class separation, NOT the American style!

The European style middle class covers those who are not of higher nobility (royal family, dukedoms, etc.), are not directly required to work FOR someone else (albeit certain upper middle class members often take governmental positions that can be considered employment), and in Marx' eyes, those who own the means of production without contributing directly to the production itself, beyond ownership.

The lower echelons of the middle class therefore are those who own small scale businesses, shops, merchants.

Now I don't know what kind of doctors you're looking at, but even the ones with private practices do not belong in the (European style) middle class.

This is in stark contrast with the US style class division where the nobility (upper class) was erased and replaced with the upper half of the middle class, the lower parts of the petite bourgeois becoming the bottom of said upper class, while middle class got redefined as those whose wealth doesn't exactly reach the "millionaire" label (though with the devaluation of the US dollar this limit is shifting upwards nowadays), but also isn't exactly "poor" (so it's above ~$100k).

However even this middle class, in the European style class division, would still be lower class - aka workers. Middle class begins when you make a living without actually working. Let that be through investments, inheritance, generational wealth, fake and non-directing (and sometimes even directing) executive positions, or something as simple as owning a small business with people in your employ.

Again, an overwhelming majority of doctors, lawyers, etc., even with a private practice, will be directly working, so they're not exactly middle class, therefore aren't petit bourgeoisie.

[-] Maeve@kbin.earth 3 points 21 hours ago

You lost me at your first word which was a slur.

[-] fonix232@fedia.io 1 points 20 hours ago

Yeah, okay, I'm not going to bother with the opinion of an intentionally ignorant imbecile who thinks asking ChatGPT for opinions is something to write about.

[-] Maeve@kbin.earth 3 points 20 hours ago

Ah, another slur, and ableist to boot! Good job!

I don't use any AI, and if I did, it certainly wouldn't be developed by the broligharchy.

[-] fonix232@fedia.io 1 points 18 hours ago

Why are you lying?

Also, just because you dislike a word, it doesn't make that a slur.

[-] Maeve@kbin.earth 1 points 17 hours ago

Can you read? That was a news article.

Secondly, "bitch" is a misogynistic slur to refer to women.

Thirdly, "imbecile" is an an ableist slur.

Check your privilege.

Edit: impressive you dug through a month's worth of comments to protect that privilege. 🤣

[-] fonix232@fedia.io 1 points 15 hours ago

A month's worth of comments? It's literally on your front page. No need to dig when the shit literally floats on top.

What's truly impressive is that you've been proven wrong multiple times, and instead of accepting that, you ran to moderators because your feefees were hurt. As such, I have no interest in any further pointless discussion with willfully ignorant idiots. Goodbye.

[-] Maeve@kbin.earth 1 points 14 hours ago
[-] Sunflier@lemmy.world 1 points 22 hours ago

That isn't the doctor who does that. It's the insurance companies.

[-] Maeve@kbin.earth 2 points 21 hours ago

Sadly, private practices also do that. I have neighbors who are "noncompliant" because they can sometimes scrape together enough for either a single visit, or meds, usually not both.

We often have to pass around donation envelope to help a neighbor afford a visit and/or prescription, and if more than one is sick at a time, those donations aren't enough and have to be split.

[-] Sunflier@lemmy.world 1 points 12 hours ago

Private practices have a lot of money to pay for insurance: medical-malpractice insurance, insurance related to the building (fire, storm, robbery, etc.), insurance related to employment, and so on.

this post was submitted on 10 Dec 2025
863 points (100.0% liked)

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