Workers-Control-Over-Prod
21st September 2012, 10:19
There was just now a political "scandal" since Angela Merkel criticised her fellow party politician of Labor who released a report on the possibility of redistribution, or rather slightly higher taxes on the rich; it was never even stated that blutnly in the report, but yet the public party conflict. The government of Germany has hereby shown its firm neo-liberal idiotic course of not paying back its debts as it will later use this as an excuse to cut the meager social programs that workers get.
Anyway, the statistic is that the richest top 10% of the german population own ed 45% of all wealth in Germany in 1998. In 2008 that number went to 53%, and according to non-governmental sources that number for Germany has gone to up by 7% in the last four years. That is while the bottom 50% of German [workers] do not even own 1% whole percent of the wealth [workers created] existing in Germany. So, here some statistics:
Percentage of wealth held in 2000 by the Top 10% of the adult population in various Western countries
wealth owned by top 10%:
Switzerland -- 71.3%
United States - 69.8%
Denmark -- 65.0%
France -- 61.0%
Sweden -- 58.6%
UK -- 56.0%
Canada --53.0%
Norway --50.5%
Germany --44.4%
Finland -- 42.3%
You can bet that an updated graph, after 12 years more of Neo-liberalism, would look a lot worse for those countries. If the top 10% of German population increased their ownership over 8% within ten years, then those countries that have a lot less labor laws and worker organisation than Germany, will certainly look worse than what is on the above graph. Switzerland might by now have its richest top 10% own 80% of its wealth. Hey, maybe the Swiss bourgeoise can reach 100% before their liquidation!
Table 6: Distribution of income in the United States, 1982-2006
Income
Top 1 percent Next 19 percent Bottom 80 percent
1982 12.8% 39.1% 48.1%
1988 16.6% 38.9% 44.5%
1991 15.7% 40.7% 43.7%
1994 14.4% 40.8% 44.9%
1997 16.6% 39.6% 43.8%
2000 20.0% 38.7% 41.4%
2003 17.0% 40.8% 42.2%
2006 21.3% 40.1% 38.6%
http://s3.amazonaws.com/dk-production/images/1651/large/share_of_net_worth_by_percentile.jpg?1342812753
Also, 50.3% of the German population do not have any kinds of stocks or any other kind of Capital. That is rather surprising because a lot of people i know have private saving funds invested.
Anyway, the statistic is that the richest top 10% of the german population own ed 45% of all wealth in Germany in 1998. In 2008 that number went to 53%, and according to non-governmental sources that number for Germany has gone to up by 7% in the last four years. That is while the bottom 50% of German [workers] do not even own 1% whole percent of the wealth [workers created] existing in Germany. So, here some statistics:
Percentage of wealth held in 2000 by the Top 10% of the adult population in various Western countries
wealth owned by top 10%:
Switzerland -- 71.3%
United States - 69.8%
Denmark -- 65.0%
France -- 61.0%
Sweden -- 58.6%
UK -- 56.0%
Canada --53.0%
Norway --50.5%
Germany --44.4%
Finland -- 42.3%
You can bet that an updated graph, after 12 years more of Neo-liberalism, would look a lot worse for those countries. If the top 10% of German population increased their ownership over 8% within ten years, then those countries that have a lot less labor laws and worker organisation than Germany, will certainly look worse than what is on the above graph. Switzerland might by now have its richest top 10% own 80% of its wealth. Hey, maybe the Swiss bourgeoise can reach 100% before their liquidation!
Table 6: Distribution of income in the United States, 1982-2006
Income
Top 1 percent Next 19 percent Bottom 80 percent
1982 12.8% 39.1% 48.1%
1988 16.6% 38.9% 44.5%
1991 15.7% 40.7% 43.7%
1994 14.4% 40.8% 44.9%
1997 16.6% 39.6% 43.8%
2000 20.0% 38.7% 41.4%
2003 17.0% 40.8% 42.2%
2006 21.3% 40.1% 38.6%
http://s3.amazonaws.com/dk-production/images/1651/large/share_of_net_worth_by_percentile.jpg?1342812753
Also, 50.3% of the German population do not have any kinds of stocks or any other kind of Capital. That is rather surprising because a lot of people i know have private saving funds invested.