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In other words, if the ultimate communist ideal came to pass and everyone in the world was made equal - all land, finance, assets etc distributed equally among them, how well off would we each be? would everyone be struggling for food and survival? Would everyone be comfortably well off? Would everyone own a mansion and four cars (I doubt that one)?

2006-11-02 07:16:43 · 2 answers · asked by Anonymous in Social Science Economics

2 answers

Let's say Bill Gates (near the top, if not the richest) is worth $48B, that's only $8 for each of us (based on 6B people). I don't think it would be fun.

http://www.forbes.com/finance/lists/10/2004/LIR.jhtml?passListId=10&passYear=2004&passListType=Person&uniqueId=BH69&
http://en.wikipedia.org/wiki/Distribution_of_wealth
http://en.wikipedia.org/wiki/List_of_countries_by_income_equality

2006-11-04 03:29:07 · answer #1 · answered by phaig93 4 · 0 0

I would reckon about £750 plus a one-room shack and land the productive equivalent of half a hectare in a moist temperate climate.

2006-11-05 01:11:04 · answer #2 · answered by MBK 7 · 0 0

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