John Lestrange, the speaker in immediately’s video, is a historian, museum educator, and an acrobat in addition. He’s additionally an completed individual authorwith two books, each of them in regards to the illustration of genocide, one in cartoons and the opposite in video video games.
He additionally calls himself The Historical past Wizard on TikTok, speaking about, effectively, historical past, and extra not too long ago about numerous class points, just like the unfair nature of billionaire wealth.
Right this moment he’s falling aside why billionaires are dangerous – and there appears to be no ifs, ands or buts about it.
Further info: TikTok
John, aka The Historical past Wizard, took a video to clarify why all billionaires are evil, explaining it with numbers and information
Picture credit: the_history_wizard
“This remark asks if I can show that every one 2000 billionaires are dangerous folks. Sure, I can. It isn’t that onerous”
“So first, let’s put a billion into perspective. 1 million seconds is about 12 days. 1 billion seconds is lower than 32 years. Meaning should you earn $1 per second and by no means spend something on it, it’ll take you about 32 years to earn a billion {dollars}.”
Picture credit: the history wizard
“Should you’ve been making $5000 a day since Columbus started his ill-fated voyage, it could take you about 527 years to make a billion {dollars}”
“And there are folks on the market with many billions of {dollars}. Based mostly on that math, we are able to conclude that there is no such thing as a moral option to get a billion {dollars} as a result of there is no such thing as a bodily doable option to earn money simply by the worth of your personal labor, which implies that to grow to be a billionaire, you need to steal the worth of the labor of hundreds if not thousands and thousands of individuals.
Picture credit: the history wizard
“And we all know that is the case,” explains Johnathan, giving an instance
“And we all know this to be the case as a result of between 1979 and 2021, common productiveness, that’s, the typical quantity of labor worth produced by employees, elevated by 64.6%. In the meantime, employees’ common wages solely elevated by about 17.3%. That is a distinction of about 50% labor value. So, billionaires are already stealing 50% or extra of the worth of their employees’ labor so it may possibly sit in funding funds and inventory portfolios, offering no worth to society.
Picture credit: the history wizard
“And once we begin to take into account another issues, it will get worse”
“There are at present over 582,000 homeless folks in america, a lot of whom are kids. And within the yr 2020, there are greater than 34 million people who find themselves meals insecure in america. That is about 10% of the inhabitants who do not know the place their subsequent meal will come from.”
Picture credit: the history wizard
“Now, have you learnt how a lot it could value to finish homelessness in america?”
“In line with the Division of Housing and City Growth, it’ll value $20 billion to finish homelessness in america. And there are at present 770 billionaires in america. Placing apart the truth that solely Elon Musk may finish homelessness for half of what he paid for Twitter, if we break up it equally amongst all 770 of them, every of them must pay solely a measly $26 million.
Picture credit: the history wizard
“Nevertheless, regardless of the convenience with which they might finish homelessness in america, billionaires are losing their cash…”
“…to vainness tasks like dying in a sub on the backside of the ocean and shopping for Twitter. There isn’t any room for billionaires in an moral society. They should not exist.”
Picture credit: the history wizard
Watch the total video right here:
@thehistorywizard Replying to @fhdjdhdhdh2 Eat the wealthy. #thehistorywizard #historytiktok #edutok #learnontiktok #wizardcommunism ♬ original sound – The History Wizard
The fairness wealth created by the rich, particularly billionaires, is nearly unbelievably huge.
Should you’re questioning about these two thousand billionaires that John and the remark are speaking about, they’re most likely referring to the 37th annual Forbes list of billionaires. There are 2640 of them on that listing, with a complete wealth of $12.2 trillion. To place that into perspective, the present US debt is over $32 trillionthus they’ve greater than a 3rd of the debt of the world’s superpowers.
Discuss pocket change, huh?
Though 51% of them have much less wealth in comparison with final yr in 2020, they “bounced again” with 660 new members and $5.1 trillion enhance in wealth. Each the lower and the rise will be attributed to the pandemic – whereas the 99% skilled a lack of earnings, the 10 richest noticed their double the wealth.
Relying on the way you calculate the precise numbers, John is appropriate. There are over 700 billionaires within the US. The truth is, the State is the nation that has most billionaires in the world. The next four locations are taken by China, India, Germany, and Russia. Though I guess there might be some redistribution to Russia following their unjust struggle in Ukraine, as there appears to be a proverbial “rats on a burning ship” scenario happening there.
With a lot wealth centralized within the States, it appears ridiculous, then, within the worst sense of the phrase, that there are such a lot of social issues there. The Wizard has already talked about homelessness and meals insecurity, however one other burning level is well being care.
You hear about it on a regular basis – folks do not name the ambulance, as a result of they can not afford the “joyride”, they get value hikes for fundamental well being care companies, and must request itemized payments as a result of they get scammed left and proper. It is a part of a much bigger downside, however a few of that trillion-size pie can alleviate the problem.
Let me inform you up entrance that issues like this are like fairy tales in Europe and different international locations with higher protection. I not too long ago went beneath the knife myself, eliminated a complete organ, took time to get well, and did not pay a single pink cent.
Picture credit: the_history_wizard
The listing goes on: training, violence in opposition to LGBT folks, racism, home violence… It by no means ends. And I do know what you are saying, cash cannot resolve every thing, however in the fitting place, it may possibly do wonders.
However joking about issues may be very simple. Let’s discuss options! You hear folks say “eat wealthy” however that is only a slogan to rally round. Put your fork away. I mentioned put it away!
One of many issues you are able to do is vote. It isn’t as simple because it appears at first look, as a result of, effectively, populism, amongst different issues. You additionally must do greater than due diligence to verify your voice counts.
Learn your candidates’ insurance policies rigorously, each domestically and nationally. Vote for issues like elevated and improved welfare budgets of all types and scaling taxes or fines, particularly for the rich.
One other is unionization in workplaces. Union dues could appear intimidating at first, however when you look into it, you will discover out what sort of advantages being in a union can provide you. Elevated wages, higher working hours, and improved advantages are simply among the issues that unionization can convey. Contact your regional consultant and ask what sort of choices can be found to you.
Most significantly, speak to your friends and household about making issues higher, and focus on how one can make issues higher in your group. It could seem to be quite a bit, however typically you need to take issues one step at a time, particularly when you do not have trillions in your checking account.
Historical past Wizard’s video popped off with virtually 8M views, over 1M likes, and 32ok feedback. Commenters supported the notion and had been happy with John’s clear presentation of the information.
Share your personal opinions beneath!
The feedback virtually unanimously agreed with The Wizard’s statements
Picture credit: cottonbro studio (not the actual picture)
