America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.
Every day we’re here just to learn billionaires & families should be crushed and their wealth redistributed amongst third world countries.
That would just make other billionaires somewhere else. The problem is the system not the people
He did not say “once”. I think they’re suggesting a systematic approach. I periodic Purge if you will. Like some shitty movie.
The moment they go above a certain amount and still act shitty, they are food.
I wouldn’t care about rich people if they just paid their workers, paid their taxes, looked at reducing the pollution of their companies, didn’t lobby against the public interests, and just were all around swell people.
The problem is that they aren’t, none of them are.
Either they become like that from being rich, or only awful people are moralless enough to become rich. But there isn’t a single good rich person.
MacKenzie Scott is the sole exception
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Yup, the problem is firmly the system, but suggesting a worldwide change to socialism/communism is less “palatable” and believable by the average person.
So “eat the rich” is a decent compromise for a comment not intended to approach any sort of complex answer, while still being a move in a better direction than suggesting things to continue as they are.
Suggesting a replacement system is infinitely more palatable to me than another Reign of Terror followed by (presumably) the same mistakes. Revolutionary defense is fine, but we don’t need bloody revenge.
Why advocate for structural changes when we can meme fedpost about a violent solution?
Redistributing the wealth of billionaires is already part of a good structural change, it’ll remove from them power they’d use to continue the exploitation of the people. You can substitute “crush” by destitute and incarcerate them if you’d prefer, as long as the wealth isn’t on the hands of the few anymore.
If anyone is asking how do we pay to solve the climate crisis. I think its pretty clear who should be paying.
This is true for almost anything. Major corporations, and the investors that profit off of them, pay so little in taxes compared to the average citizen. Instead, their money is devoted to lobbying and setting up careful corporate international glass houses so they don’t have to pay the taxes they should. We can push much harder on tackling social issues, but the top 10% don’t exist in society, they lord over it
the top 10% don’t exist in society, they lord over it
I think you mean they run it
How much money does the top 1% have and how much do you think it will cost to clean up the world? Those two numbers are not even within 3 years of global GDP dipshit.
Last year they increased their wealth by 8 trillion usd. Since 2021 their combined wealth is 42 trillion usd. (Thats twice as much as the rest 99% combined)
It is estimated that to fix the climate crisis it takes between 300 billion - 50 trillion usd. So they actually could do that.
And than there is the matter of comparing personal profit of a few. To the entire value produced by a country. Which is a really dumb comparison.
But you might know that the gdp of the us in 2021 was around 23 trillion.
So your the intellectual floor gymnast, dipshit.
China and India, but you won’t admit it.
Who are the factories of the west and emit co2 for our products.
The U.S. military is the largest single producer of emissions on the planet.
So fucking sick of billionaires
What do you even do when you exceed 100 Millions?
They must be mentally sick in some way “just one mooare billion pleaaase”
If you have over a billion dollars, you could spend every waking moment shovelling money into a fire and you would still have over a billion dollars when you die
When I first started reading this sentence, I thought I was with you, but by the end I was scratching my head.
My point is how much money a billion is. You literally couldn’t get rid of it fast enough to keep it from piling up (assuming it is accruing risk free interest).
Yep. They earn interest on their money often faster than they can spend it. It makes less than no sense.
I imagine its just a prick waving contest between the rich. They just compare the number in their account to the others and want to have a bigger number.
The US subsidizes fossil fuels to the tune of 600B per year. You pay for pollution with your taxes.
We need a 95% tax bracket for anyone that makes more than a few million/year.
And a wealth tax for people having more value than like 10 millions (or less actually).
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A few million/year is a reasonable amount of money for a (highly) successful person to make. A wealth tax for people making over a billion or just $100M per year is enough to fix a lot of the problems in this country without destroying the “American dream”
The way I see it, if you make enough money to buy a nice, moderate house in California or Hawaii once per year, you are already making too much money. My cutoff would probably be closer to $2-3M… though I’d be willing to go higher if paired with an annual “wealth tax”… say, if you have a value of over - for example - $20M (incl. stocks and any other non-liquid assets) you must pay 20% of any excess value in taxes annually. That would be on top of the 95% multimillionaire income tax.
TL;DR: one doesn’t become rich by respecting others.
Anyone else just feel like we should eat the rich?
I think it’s way overdue.
On one hand, yes, on the other, eating shit isn’t very appealing.
Won’t stop the meat producing companies or the oil companies from existing - that just moves the emissions of them to their heirs.
That metric is really bad - as long as there’s demand for gas or meat those emissions need to be attached to someone - and attaching them to the owner just takes away all responsibility from everyone and tells them that they don’t have to change anything.
If BP would Stop producing oil tomorrow the price would probably jump but then other companies would step in and fill that gap and nothing would’ve changed pollution wise.
I’m not advocating for it, but I will say there are no Romanovs around, so it’s not 100% that it’s always the heir next.
Envy and jealousy will get you nowhere in life. Strive to do better. Maybe join the upper classes through hard work and sacrifice?
We already work and strife more than those upper classes ever would in their entire life.
How about those upper classes pay their due taxes instead of using loopholes to be a leach on society?
Either that or we eat them.
The wealthy do pay a lot of taxes. How about cutting spending instead? Oh…THAT. Never seems to come up though.
Curious also: are you really going to eat rich people? For dinner? Then what? Keep eating your way down until you reach the middle class? Envy and jealousy are a burden, my friend.
“You don’t understand. Ferengi workers don’t want to stop the exploitation. We want to find a way to become the exploiters.”
— Rom
Thanks for the suggestion I just became a billionaire
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There’s a steep cliff between the 95% and the .01%. I wonder what proportion is just the .01
The income of the top 1% alone – households making more than $550,000 – was linked to 15% to 17% of this pollution.
The report also identified “super-emitters.” They are almost exclusively among the wealthiest top 0.1% of Americans, concentrated in industries such as finance, insurance and mining, and produce around 3,000 tons of carbon pollution a year. To put that in perspective, it’s estimated people should limit their carbon footprint to around 2.3 tons a year to tackle climate change.
Thank you for finding that for me
This is a piss poor metric. It is not what these people personally emit but what they emit by all the companies that they may own. Even though those companies produce products you and me consume.
In other words if I am a massive farmer and in the ten percent wealth category, my carbon footprint includes all the food produced and you consume from my farm.
I feel that I see more and more articles that give the false impression that rich are the only people we should put a pressure for pollution. This will give more and more people the illusion that they can pollute because their pollution is very minor compared to the pollution of the rich.
The reality is while richer people pollute more. The ratio of pollution between a rich and a normal person is not comparable to the ratio of the wealth difference.
In fact, for pollution, everyone effort has a real effect.
More precisely I read an article that made it clear that if a super rich has 100000x more money, they will pollute directly only 40x more than most people. (the number are probably wrong but the order of magnitude is correct).
This mean that pollution is not just for the rich, but for everyone. And your personal effort count.
Or if I’m in the 10% bracken and have invested most of that money in the Stock-Market I’d get a fraction of the emissions of all companies in the world?
I feel like those articles are just so people have someone else to point fingers at and feel as if they don’t have to change anything themselves.
Sure personal responsibility alone won’t help without laws but those laws won’t happen if people show that they are behind those measures.
I want to see a politician trying to triple the gas prices and the prices on meat and see that politician be elected.
People really think they are existing in a vacuum and companies are only polluting for the fun of it - but don’t accept how the by far biggest contribution is the average Livestyle of everyone…Banning private jets and things like that is probably a good idea to get people behind you but I feel as if it’s mostly a gesture compared to a law that would slash meat consumption in half or tackle the fact that everyone sees going everywhere in their truck when biking or walking would’ve worked fine. The single person doesn’t have power but everyone together has and politicians want to get elected so they only tackle an issue when they feel the people are behind them.
Thanks this is so correct. Sure the wealthiest personally have a carbon footprint that is likely a factor larger than the average person but overall they are a consist of a fraction of the population. You could eliminate every single Uber rich person and we still would be emitting nearly the same level of GHGs.
I want to point out that the average person in Western society has a carbon footprint a factor larger that that of the average person in say China or India. And we only make up about 20 percent of the population.
Point being if we point the finger at industry that is making products we consume, then it is a certainty global warming will only increase. The only way we can tackle this is if the average person significantly reduces our consumption. Doubling fuel prices thru taxes would be a good start. Good luck with that though. People in the US went nuts when gas hit 5 dollars a gallon last year.
It is not like those companies do their best to pollute the least amount possible.
No, they rather blame the consumer and tell us we need to recycle than cut into their own profits.
And recycling is important, but reusing and reducing are a lot more important. But those are parts corporations need to adhere to, so it is a lot less popular for some reason.
The study’s primary metric appears to include both supplier and producer emissions proportional to income and investments. What alternative do you suggest?
You are responsible for the entire carbon footprint from ground to your mouth/back/use. Not the person that worked to provide it to you.
I am not discounting the problem of wealth inequality. That is a complete seperate issue. But you don’t get to transfer your carbon footprint onto other entities because they made the product for you.
You are responsible for the entire carbon footprint from ground to your mouth/back/use. Not the person that worked to provide it to you.
That’s an oversimplification.
People bare responsibility for their consumption, sure. But people are also limited by their circumstances. We live in a world where alternatives often just aren’t available, and even where they are available, they are often not affordable.
For example, blaming people for the carbon output of their car, while they exist in a country that has systemically refused to invest in public transport because of fossil-fuel industry lobbying, is absurd. Or blaming someone for choosing inexpensive but environmentally damaging foodstuffs, rather than more environmentally friendly alternatives, when they are working in a system that has suppressed wages for decades, is similarly absurd.
This is part of why trying to individualise the blame for climate change and suggest individual actions is such nonsense. It’s just a means to maintain the status quo and do nothing to solve the problem. We need systemic change.
No
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One point of view could be that since these billionaires are the ones financially benefitting from the companies, that they should also be the ones paying the true cost of the production.
It’s true that the consumers are consuming, but why are the companies making products without cleaning up after their production? Why are billionaires allowed to extract money out of this and leave the environment in an irreparable state.
Consumers would probably prefer that their money went to the product including all the associated costs of producing it, but consumers don’t get that choice, because the company owners extract the money for themselves.
Consumers would lose their shit if they had to pay that additional cost of all the associated costs. Just look at the US response to fuel prices when has hit 5 dollars a gallon. And that was due to supply and demand issues. Can you imagine the outcry if the government put a real tax on the carbon component of every produce? Hell had likely would be 8 dollars a gallon. Your milk prices would like double overnight. Not only would transportation costs increase but it would be taxed for the carbon component of animal to your mouth. All good and clothing and necessities would have to increase significantly.
So xonsumers would have to consume less and profit margins would need to drop.
I’m all for it.
Overall profits would naturally drop if consumers consumed less. Not profit margins. Margins would settle at some arbitrary amount not really tied to our consumption.
In other words prices would not natural decrease. They might even increase. Your personal wealth should increase more though as you overall decide to buy less. Ie. Smaller cars, fewer ATVs, don’t upgrade your Xbox as soon.
But with all this additional spare money individuals have because they are consuming less, it is only human nature to eventually spend it and ultimately end up right back with the same personal carbon footprint. The only way I could see a sustained reduction is if governments added significant taxes to nearly every product that was energy intensive in its construction.
In other words food and housing and that car and ATV would need to increase significantly to encourage smaller houses, small cars, purchases of more efficient food stock etc. Things like digital entrainment that have a fixed cost should ultimately have a low carbon footprint as the reproduction of it per person is minimal. The cost would be low.
The ideal ecological system is where people sit at home and watch TV all day expending the least amount of calories so we eat less. People only work the minimal hours to build a ten foot by twenty foot house and ensure they have food and water. Outside of that, have few pleasures. The reality is that people will consume to near the maximum they can afford. And even if you do not consume much and leave your children large inheritances, they will simply do the consumption for you. Just delayed a bit.
Got it. Eating the rich for protecting humanity by protecting the climate.
CO² tax on oil and fuel production i say.
40% seems low.
Probably because not all of the CEOs all of the enormous corporations, or leaders of the top polluting nations, are in that top 10‰. 10% is just a nice number to use, and I expect that if they went with 15 or 20% then the corresponding amount of pollution they’re responsible for would jump up significantly.
That makes sense. I apparently can’t do math this morning.
They are pulling up the entire average they have 40% of. They are emitting 6x more than the bottom 90% per capita, so that 6x figure should have been the metric to focus on
Jesus Christ. Do you know how much the US outputs compared to China and India? Educate yourself instead of following the group think. Seriously, the US is the only country on the planet that is actually going to achieve the Kyoto Agreement and we didn’t even fucking sign up for it. The US literally leads the entire fucking world in reduction of greenhouse gasses and development of green tech and you fucking clowns just sit here and bag on the rich… what a sad bunch of morons you are.
Not even the rich. Apparently workers earning $90k per year is enough to qualify as enemies to these people.
The rich aren’t people who work for a living. The rich are the bourgeousie who live parasitically off the rest of us. The people who can buy citizenship to nearly any country they desire. The people with multimillion dollars doomsday bunker communities.
The picture they paint in this article, of the ultra rich with their private jets and yachts, does not align with the statistic presented in the title.
the wealthiest 10% in the US, households making more than about $178,000
I’m sure many of you know people in this group. Two adults each making 90k a year is enough to break into the 10%. And clearly they’re not flying around in private jets.
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Nobody said the “it ain’t much” part. What they said is that 180k isn’t enough to be chartering private jets. It doesn’t make you “ultra wealthy”. Upper-middle class? Yes. But people making that are waaaaay closer to a line cook than to Jeff Bezos.
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That’s true, but most of my social group fits into this definition and the majority fly commercial 6 - 12+ times a year, all around the globe, either for vacation or business travel. They almost all own personal vehicles, replaced every 5 - 10 years, well before the end of life of the vehicle. I live in Colorado and it’s common for this class to own/rent a second home or condo in the mountains and take multi-hour drives to those places on the weekend. Those lifestyle choices produce massive amounts of CO2 relative to individuals who otherwise live generally identical lives.
It doesn’t take extravagances like private jets to contribute outsized emissions.
They may as well be polluting methane gas because they’re so full of shit
but because of the fossil fuels generated by the companies they invest their money in.
Lemme go ahead and roll my eyes here. Yes, American Airlines produces a significant percentage of the world’s greenhouse emissions. But they burn that fuel for the passengers, not just for the benefit of shareholders. Same with ExxonMobil, BP, etc.
Consumption is what drives pollution. Investments to profit off of that consumption is secondary.
Their biggest success is convincing common folks it’s out fault.
Consumption driven by advertising based on Edward Bernays work, which explicitly intends to create fissures within people and then sell them cures to the fissures they created,m. Just disallowing advertising would have a substantial effect on consumption.
