Given that...
1) Much of this wealth is on paper, and would vaporize if the owner attempted to cash in on it all at once. (No matter how great your company's stock is doing, dumping a few million shares at once is going to send the price down.)
2) Even if one were to impound all these billionaires' riches, it would be impossible to get it redistributed to third world citizens given the current political structure of the world. (Most of it would end up in the pockets of each country's rulers, just like most of the food currently does.)
3) Even if we could get it redistributed, most of the recipients wouldn't be able to do anything with it. There's nothing to buy.
... I don't feel bad about it at all.
posted by aaron at 3:40 PM on December 15, 2000
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posted by Skot at 1:27 PM on December 15, 2000