this post was submitted on 18 Jun 2026
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Science

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World's Richest 10% Are Costing Earth Trillions, Study Finds (www.sciencealert.com)
submitted 2 days ago by remington@beehaw.org to c/science@beehaw.org
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It's difficult to put a price on the environment, and some scientists even argue it's beside the point: that nature has intrinsic value, beyond the services it provides to us.

But in some situations, it helps to try to put it in economic terms: especially when those are the terms the world's wealthiest are used to dealing in.

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[–] remington@beehaw.org 9 points 2 days ago (1 children)

This isn't addressing billionaires and millionaires alone, correct.

To be in the top 10% of earners worldwide, an individual needs an income of roughly $35,000 USD per year.

[–] Powderhorn@beehaw.org 4 points 2 days ago (1 children)

Which won't get you housing without a roommate.

[–] Iconoclast@feddit.uk 2 points 2 days ago

People always use the most extreme housing markets as the default example, which distorts the picture. You can buy a house with that income. I know because I did.