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January 29, 2014 12:26 PM Today’s One Percenters Approaching French Aristocrat Levels of Blithe Self-Parody

By Jamie Malanowski

I don’t know who this toad Kevin O’Leary is, but somewhere in the great media world he has a job opining on the global situation. I don’t know what the rest of his body of work indicates, but this excerpt alone shows that he, and what’s more, whoever hired him, should be sent back to the saloon (or perhaps country club) where he was discovered. When his co-host reports a statistic from Oxfam that finds that the worth of the world’s 85 richest people is equal to that if the world’s 3.5 billion poorest people, O’Leary says “It’s fantastic. This is a great thing because… everybody gets the motivation to look up to the one percent and say I want become one of those people. I’m gonna fight hard to get up to the top.”

Think about it: the desperate poverty of billions is fantastic. Surely this is one of the most smug, self-satisfied, and ignorant observations ever made. Clearly the ingredient that is missing in many of those lives is not motivation. Often it is something like water. Or food. Motivation, my ass. This man has never known an instant of this sort of poverty in his life.

[Cross-posted at JamieMalanowski.com]

Jamie Malanowski is a writer and editor. He has been an editor at Time, Esquire and most recently Playboy, where he was Managing Editor.

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