this post was submitted on 01 Feb 2025
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I agree with you that if the meme were to accurately show the amount of land the 1% owns, then the meme would probably show that almost all of the land is owned by the 1%. (I don't know the actual percentage.) But it says if it were divided like U.S. wealth, so it ironically shows the 1% owning only about 40%. It's accurate to the amount of wealth that they own, not land.
Think of it like a pie chart showing wealth, but instead of a circle it's (rather misleadingly) shaped like the continental U.S.
It's all misleading. None of it is proportional, whether presented as a pie chart or a map.
The diagram, however you want to observe it, literally says 100% of the land is owned, by different regions and classes. Which is obviously a bold faced lie, only a small percentage of ~~people~~ oligarchs actually own the land, they just rent it out to the rest of the people.
And if you're lucky enough to 'own' your land, you don't really own it, you still gotta pay taxes on your dirt...
So your objection is to the verb 'own'. Would you agree with the meme if it were to say "1% would rent this, 9% would rent this, 30% would rent this," etc.?
That sort of diagram would indeed better reflect the state of affairs regarding the dirts everyone lives on..