Spread the love

The billionaire population not only surged during the pandemic with the record total of super rich reaching an unprecedented 2,755, their fortunes also boomed. The numbers reached highs that were previously deemed impossible to achieve in a single lifetime.

Think of Tesla’s Elon Musk, who grew his fortune from $25bn to more than $150bn. Meanwhile, Jeff Bezos is the world’s richest person for the 4th year running, worth $177 billion, up $64 billion from a year ago as a result of surging Amazon shares. Today, according to this recent report, billionaires are wealthier than half the planet.

No wonder that so many people see the whole situation as disturbing and unfair, hence this Reddit community that observes, analyzes and discusses the insanely super rich. Welcome to “Greed Incorporated,” the relatively new subreddit created in 2021 that gathered people who just can’t sit and stay silent about greed with no limits. Below we wrapped up some of the most eye-opening and disturbing posts shared here.

#1 Is It Immoral To Steal From A Villain Of Society?

Image credits: Beanz27

#2 Double Dare

Image credits: Beanz27

#3 Nope Cant Afford It

Image credits: Beanz27

The anti-poverty charity Oxfam reported that the world’s 10 richest men had their wealth doubled, from $700 billion to $1.5 trillion, during the pandemic, a mindblowing rate equal to $15,000 per second. Nine of the planet’s 10 richest people are Americans.

According to Irit Tamir, the director of Oxfam’s private sector development, the wealth gap is nothing new, but its new record heights are nothing economists have seen or imagined before. “The gap between the rich and the poor was increasing even before the pandemic started. But the pandemic supercharged this in a whole host of ways.”

#4 Thats Hilarious

Image credits: Beanz27

#5 We’re Taught To Admire The Rich & Laziness Is The Only Thing Keeping Me From Being Rich. Just A Few More 60 Hr Work Weeks…

Image credits: Beanz27

#6 Nintendo Banking

Image credits: Beanz27

Tamir argues that in terms of the wealth gap, “We are in an even more outrageous situation than we were last year or the year before.” He added in an interview for CBS News that “Wealth is begetting wealth, and it becomes exponential.” The director of Oxfam’s private sector development said that he fears by next year, those numbers will only continue to increase and that gap will only widen. Moreover, in Oxfam’s view, rising inequality poses risks to billions of people across the world, who aren’t sharing in the same gains in wealth and may be cut off from equal access to health care, vaccines and economic opportunity.

#7 Oh They Know

Image credits: Beanz27

#8 We All Need To Do Our Part To Pay For This Ridiculous Military Budget

Image credits: Beanz27

#9 Boats Are A Horrible Investment

Image credits: Beanz27

Meanwhile, Abigail Disney, a spokeswoman for higher taxes on the rich and better wages for workers, believes that inequality is widening after years of weakened support for unions and changes in regulations that were meant to protect ordinary Americans. Lawmakers have cut taxes on the richest earners since the 1980s with the idea they would use the extra income to create jobs and economic opportunity, yet research has found that hasn’t happened—and the tax cuts only helped the rich.

Disney wrote in the report: “Society was riddled with cracks when we started this pandemic—cracks which have widened into fault lines. There is more than enough money to solve most of the world’s problems. It’s just being held in the hands of millionaires and billionaires who aren’t paying their fair share.”