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Author Topic: BBC - Is anyone Benefiting from the wealth of the super rich?  (Read 5794 times)
N Walker
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« on: January 24, 2012, 07:15:35 AM »
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http://www.bbc.co.uk/news/business-16690607 - fascinating video and facts.

In the United States, the 400 richest individuals earn roughly the same as the bottom 50% of the population.
« Last Edit: January 24, 2012, 06:28:44 PM by Nick Walker » Logged

Robert Roaldi
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« Reply #1 on: January 24, 2012, 11:05:25 AM »
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We tried this before, we called it feudalism back then. It's tempting to say that it failed, but the truth is that it worked fantastically well for a small segment of the population for hundreds of years.
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Rob C
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« Reply #2 on: January 24, 2012, 01:52:23 PM »
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There is no best way - I'm quite sure of that. I suspect that the only way is for the different systems to come, go, and develop in different directions. How can anything be 'best' in a world where change is the only constant?

Rob C
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mediumcool
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« Reply #3 on: January 24, 2012, 04:04:24 PM »
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Time to bring back the J-curve?  Grin
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N Walker
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« Reply #4 on: January 24, 2012, 06:42:01 PM »
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Following pay differentials surprised me:

US - CEOs vs average workers pay.

1965 24X

1992 126X

2010 243X


« Last Edit: January 25, 2012, 04:54:42 AM by Nick Walker » Logged

Isaac
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« Reply #5 on: January 24, 2012, 06:49:25 PM »
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How can anything be 'best' in a world where change is the only constant?
Do you consider yourself to be a buddhist?
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mediumcool
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« Reply #6 on: January 24, 2012, 06:53:36 PM »
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Following pay differentials surprised me:

US - CEOs vs average workers pay.

1965 24X

1992 126X

2010 243X

It’s been happening consistently through the *West* since the ’70s and ’80s. While the US has never had been a welfare state to compare with, say, the UK and Scandanavia, egalitarian re-distribution of wealth has stalled and reversed in many countries, including Australia, where I live. But I’d still rather get ill here than in the US, where the idea of public hospitals is an alien concept.
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Slobodan Blagojevic
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« Reply #7 on: January 24, 2012, 07:42:42 PM »
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... US - CEOSs vs average workers pay...

To put things into a different perspective, here is an international comparison of CEO vs. average worker. Note that the figure for US is double the one you posted, most likely due to a different time period and/or methodology.

US 475x
Venezuella 50x
Mexico 47x
Hong Kong 40x
Britain 22x
South Africa 21x
Canada 20x
France 15x
Germany 12
Japan 11

Source: The Fortune Magazine article, November 7, 2011, page 28
« Last Edit: January 24, 2012, 11:01:32 PM by Slobodan Blagojevic » Logged

Slobodan

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« Reply #8 on: January 24, 2012, 08:30:17 PM »
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To put things into a different perspective, here is an international comparison of CEO vs. average worker. Note that the figure for US is double the one you posted, most likely due to a different time period and/or methodology.

US 475x
Venezuella 50x
Mexico 47x
Hong Kong 40x
Britain 22x
South Africa 21x
Canada 20x
France 15x
Germany 12
Japan 11

Source: The Fortune Magazine article, November 7, 2011, page 28

Thanks for this.

Japan surprises, and Germany to a lesser extent. But the difference between Canadian and US numbers speaks volumes to me about income inequity (both wealthy countries on the same continent).
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Rob C
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« Reply #9 on: January 25, 2012, 03:08:44 AM »
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Do you consider yourself to be a buddhist?



Do you consider me a Buddhist?

Rob C
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mediumcool
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« Reply #10 on: January 25, 2012, 04:27:29 AM »
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Do you consider me a Buddhist?

Rob C

Ommmmmmmmmmmmmmmmmmm.  Grin
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Rob C
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« Reply #11 on: January 25, 2012, 11:37:51 AM »
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Ommmmmmmmmmmmmmmmmmm.  Grin



That's a line worthy of Christmas Humphreys!

Rob C
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Slobodan Blagojevic
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« Reply #12 on: January 25, 2012, 11:53:00 AM »
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Do you consider me a Buddhist?

Rob C

Do I sense "the beginning of a beautiful friendship" or you two are still in the contest for the weirdest forum exchange? Wink
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Slobodan

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« Reply #13 on: January 26, 2012, 04:00:35 AM »
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Their brains have stalled. Smiley
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mediumcool
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« Reply #14 on: January 26, 2012, 04:31:12 AM »
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That's a line worthy of Christmas Humphreys!

Rob C

The dastardly murtherer of poor Timmy Evans?
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Rob C
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« Reply #15 on: January 27, 2012, 03:28:26 AM »
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The dastardly murtherer of poor Timmy Evans?




Well, having to ponder guilt or otherwise is a hard call; perhaps the idea of reincarnation at the back of one's mind makes a guilty verdict more easy to accept?

Je ne sais pas - just a humble snapper.

By the way, I did manage to see that Bailey/Shrimpton confection on BBC 4 tv last night, followed by a more realistic one with the man himself... I switched off at the end with a certain smugness: of roughly the same vintage, I am of the less full-bodied variety. Having said that, I wouldn't have minded putting on a few pounds if that had allowed me to put on a few pounds. And yes, though the second show appeared to be a fairly current production, the real deal was still winding on film... cool! And in the spoof (sorry, romance version of a life), not a mention that I can recall of Olympus. Pentax, Rollei and Hassy, but no Ollie caught my eye. Isn't advertising wonderful?

;-(

Rob C

« Last Edit: January 27, 2012, 03:40:02 AM by Rob C » Logged

mediumcool
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« Reply #16 on: January 27, 2012, 04:52:29 AM »
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Well, having to ponder guilt or otherwise is a hard call; perhaps the idea of reincarnation at the back of one's mind makes a guilty verdict more easy to accept?

In 1982 at the Buddhist Society in London, Ruth Ellis’s son Andre McCallum secretly taped a conversation with Humphreys (Source: Ruth Ellis: My Sister’s Secret Life, Andre McCallum) where he said the following [citation needed]:

“As a barrister for 50 years I was just putting the facts of the actual murder. I knew nothing of the background and I didn’t care.”

“So you still think there was an injustice in that she [Ruth Ellis] was found guilty of deliberate murder when she wasn’t?”

“It [mercy] never came into my mind because, you must understand, how we play in parts as if on a stage. I have my part to play. Defending counsel has his. The judge has his. The jury have theirs… Mercy never came into it. It was never suggested. It was never part of it. There could be no mercy in what seemed to be cold-blooded murder.

“I think I said to the jury, ‘Members of the jury, this is to all intents and purposes a plea of guilty.’ ”

Cold?
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mediumcool
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« Reply #17 on: January 27, 2012, 04:58:40 AM »
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By the way, I did manage to see that Bailey/Shrimpton confection on BBC 4 tv last night, followed by a more realistic one with the man himself... I switched off at the end with a certain smugness: of roughly the same vintage, I am of the less full-bodied variety. Having said that, I wouldn't have minded putting on a few pounds if that had allowed me to put on a few pounds. And yes, though the second show appeared to be a fairly current production, the real deal was still winding on film... cool! And in the spoof (sorry, romance version of a life), not a mention that I can recall of Olympus. Pentax, Rollei and Hassy, but no Ollie caught my eye. Isn't advertising wonderful?

Poor old Donovan did it his way.
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BernardLanguillier
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« Reply #18 on: January 27, 2012, 05:35:33 AM »
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Japan surprises,

I am not surprised.

Cheers,
Bernard
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A few images online here!
Rob C
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« Reply #19 on: January 27, 2012, 02:01:00 PM »
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Poor old Donovan did it his way.



Never felt Donovan fitted the triumvirate - his work seemed more dated but very technical, to me. In a way, I felt that he and Lategan were a closer match, style-wise.

Frank Horvat really predated them all with his fashion stuff

 http://www.horvatland.com

and I think his eye, for the 'street' sort of shot, was pretty seminal. But I expect that one could trace many others who had a shutter finger in the development of what became thought of as 60s fashion photography. Jeanloup Sieff was already doing it in '59 at least. In my mind, it was a European movement, and the US didn't appear to have many players in that style - they (the Americans) were more studio-oriented, with lots of lights, but that view is probably coloured by the magazines that were availabe to me on which I could base opinion.

Rob C
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