Author: bigmeansweatydyke

kropotkhristian:

Mark Zuckerberg lost $119 Billion dollars on the stock market today (7/26/18). This is the largest loss of wealth in a single day in modern stock history.

This will literally not change his lifestyle or effect his livelihood at all. He is still a multi-billionaire.

If I worked every single day, for the rest of my life, at $15/hr – which is more than twice the national minimum wage – I would never make even 1/1000th the amount of just the money that Zuckerberg lost today.

If I worked every single day, for the entirety of the time that anatomically modern humans have existed (200,000 years) – at $15/hr – I would still not make one tenth of the amount of just the money he lost today.

And he is still a billionaire and will lose literally zero luxury or well-being from what happened today.

You want to know how absolutely grotesque modern wealth inequality is?

There you go.

reasonsmysoniscrying:

It’s hard to know exactly what your kids will take away from a vacation, but as I watch them in the living room, performing a stunningly realistic reenactment of the time we saw a young priest aggressively honking at an old woman standing in the street outside the Vatican, well, it’s safe to say that their horizons have been broadened.