Tuesday, September 13, 2005


Meet the Fakers - Kristoff - New York Times

Feudalism redux.
... the world's richest 500 individuals have the same income as the world's poorest 416 million people.
Here Kristoff means combined income. It is an astounding ratio, almost 1 to a million. Assuming many people can be "bought" for 10 times their income, each of these 500 lords could pay for 50,000 vassals and still retain half their income. That's a pretty large barony.

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