Friday, May 10, 2024


The data platform Statista recently published a list of how wealthy a person supposedly needs to be in order to rank in the richest one percent of the population in different countries.

Examples include $12.9m in Monaco, $5.8m in the US and ‘only’ $3.1m in the UK.

But the real question is why such a distinction exists between a tiny elite and the vast majority of people. Even more so when you realise that the very richest don’t get so rich by their own hard work. They live off the unpaid labour of their employees, the working class, who really do have to work hard to get by, and are exploited by the parasite capitalist class.

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