solo

Let's not forget an important factor: within the span of 30 years.

I spent too many hours yesterday trying to find the relevant info without taking this into consideration.

I like better your take than the one in the video.

I totally tried and then decided to ask here.

The closest thing I managed to find was saying that 16.3% of adults worldwide have wealth of 100k to 1m, in 2023 [source: Global Wealth Report 2024 by UBS, see The global wealth pyramid at p23] but this is not what the article says.

Somebody suggested the World Inequality Database but on this topic, the results come by country and/or stats.

Thank you very much but it looks like they don't have what I am looking for. I followed several path in More Indicators and Other Indicators but everything that comes out is by country and/or percentages and at my most hopeful moment I got:

This indicator has no data for this selection. Please select another one.

Anyways, thanks again!

I know that in the article they mentions €42,980 and I appreciate carbon brief. Still, I tried to find in the study itself how they calculated it, but somehow I didn't manage to. This is why I asked for another link.

Do you have a decent link to corroborate that?

Do you have any decent link that supports this?

I didn't manage to spot in the study itself, how they calculate this number. If anyone has, please share this part.

I don't think so. I have the impression that the introduction part was talking in general, mainly because it says The amount varies by location and local wage trends, and then it talks about the US, specifically.

Appart from that, in page 23 of the Global Wealth Report 2024 by UBS in The global weath pyramyd 2023 it also says saomething similar, that 16.3% of adults have wealth in USD of 100k to 1m.

Did I get something wrong?

Edit: At the bottom of the investopedia article, they have the sources and since they only have references about the US, I believe I can safely say that I my assumption that the intro was talking about the entire world was wrong.

The calculations in the site you linked is more of a creative accounting approach for feel good purposes. Nothing serious there imo.

Partially, I agree your conclusion, but I believe some clarifications could help on the math part, because minimum wage will never put you in the top 10% of world income.

From investopedia 2024:

How Much Income Puts You in the Top 1%, 5%, 10%?

Individuals in the top 10% earn at least six figures annually. In some areas, those in the top 1% must make over $1 million per year, while in others, the threshold is lower.

I found the title of the vid to be quite clever, and was expecting its content to be somehow specific. For me, it wasn't specific at all. It was one more theoretical video. Don't get me wrong, lovely content, but definitely not practical as I would expect from its title.

Probably, I say this because I really like anarchosyndicalism's concrete decentralised planning from small to large scale. Even tho I believe the opportunity that this model had died many decades ago, while it took it many decades to have its moment in time. Still, I consider it to be a more viable solution compared to what is theorised in this video. And I will say this again, I tend to agree with the concepts presented here.

(I didn't mention anything about the Rojava model, which I find great, because I don't want to get into a debate about voting in a direct democracy)