7 billion millionaires (pros and cons)

Factual Questions
1

If Bill Gates (or any other super rich anti-christ for that matter) really does have a $70 billion fortune what would happen to the world economy if he gave just $1 million (not much in the West these days)to every single person on the planet?

Would it end poverty or simply raise the stakes?

Forget the probability that many people would want to give up work and live a life of lesuire causing society to collapse etc. Just pretend that this could be overcome by some type of clause preventing immediate retirement or something.

I’m trying to understand the economic necessity for the unbelievably unfair division of wealth worldwide and wondering if there’s a bit more to it than greed and exploitation.

2

The real thing that’s stopping him is the fact that he could only afford to give everyone around $12. Check your math again. 1,000,000 * 6,000,000,000 = 6,000,000,000,000,000. He only has 70,000,000,000.

3

It creates incentives for people to learn simple arithmetic.

I’m moving this thread to Great Debates.