Pretty much, yes.
Yesterdays vapid conspicuous consumption is tomorrows minimum living standard.
Three meals a day every day forever?
Even medieval kings had to go on a diet when famine struck.
The way of life of our billionaires is threatening all life on the planet, particularly the poorest [0]. There might not be a living standard if we don't fix this issue.
0 - https://www.oxfam.org/en/press-releases/billionaires-emit-mo...
Billionaires emit a bit more, but not that much more.
Note the very disingeneous comment here:
> tracks the emissions from private jets, yachts and polluting investments
"Private jets" and "polluting investments" were in the same sentence as if they were in the same ballpark, but its the investments that count for almost everything and they would be polluting regardless if the billionaires owned them or not.
That's not "a bit more". That's insane.
And there's absolutely nothing disingenuous about it, because the article clearly states:
> the average investment emissions of 50 of the world’s richest billionaires are around 340 times their emissions from private jets and superyachts combined.
> Through these investments, billionaires have huge influence over some of the world’s biggest corporations and are driving us over the edge of climate disaster.
... I don't know why this isn't convincing to you, but it's not Oxfam's fault.