1% of people in Britain have 70% of the country's wealth

[Pogle]

Eat the Rich

[xoggoth]

Most of Australia is swampland? Bloody hell! this climate change is sure hitting hard. Sounds like heaven anyway, miles of wilderness full of nice little snake and spiders, no stinky people.

[Mich the Tester]

This would never have happened under the tories.

[Mich the Tester]

Who would want to own a majority of Australia?

King George III

[EternalOptimist]

The rich are not stupid. Who would want to own a majority of Australia. Most of it is snake and crocodile infested swampland, and the rest is made up of a few crummy houses surrounded by tin fences.

it's mostly desert you fool.

1% of the country is worth having, and its occupied by 70% of the people

[Spacecadet]

The 20:80 ratio of 20% of the population owning 80% of the wealth has been around for centuries.

[Paddy]

The 1% must be very pleased with themselves.

I think a good chunk of that 1% will have descended from landed gentry, so they have done a particularly good job to have preserved and then expanded their share of the pot.

Yes, and much of the land taken away from the common folk and given to the Gentry. This practice still existed in the 1920s and 30s until the 50s Huge chunks of common land were given away as rewards. The land became very valuable building land from the 1950s onwards. People were evicted from there former homes on former common land in the 1950s when the land came into private ownership.

[threaded]

The 20:80 ratio of 20% of the population owning 80% of the wealth has been around for centuries.

Pareto Principle.

[Spacecadet]

Pareto Principle.

Thats the one
I should remember it, I've had to build pareto reports a few times in the past

[OwlHoot]

Much of the disparity is a residual effect of William the Conqueror's monkeysphere