We are talking about people who have the capital in society to make actual systemic changes to society. Such as restructuring our economy to value lives, wellbeing, and sustainability over profit.
Quite obviously 80% of people do not have that capital.
You are cherrypicking statistics, seemingly to deliberately miss the point.
Global comparisons of income mean exactly nothing to the quality of life of people living within their country.
Even people deemed in that global top 20% are living paycheck-to-paycheck, and are unable to leverage that to make changes.
At the beginning of the Industrial Revolution there were an estimated 200 million people and virtually 100% poverty.
Now there are over 8.5 billion people and yet we’ve managed to reduce both poverty and hunger to the lowest levels in history. Along with the lowest rates of people dying due to war.
socialism didn’t do that.
Completely irrelevant to what I wrote. My comment has nothing to do with socialism.
Not to mention fallaciously attributing technological innovations to capitalism as if they could not occur under other economic systems.
So in your fantasy world we would be at 8.5 billion people along with low poverty, hunger, and deaths from war… but replacing capitalism with socialism.
Likely you fantasize no income and instead it would be the whole “From each according to his ability, to each according to his needs” thing, right?
Unfortunately for your fantasy… the result of socialism has always been the deaths of millions of people through starvation and murder (followed by collapse and/or acceptance of capitalism)
Socialism has resulted in the deaths of millions of people through starvation and murder.
There are no redeeming qualities of socialism.
