Richest 2% own more than half of the world—
a UN study revealed
a UN study revealed
Richard Snowden
In the December 8, 2006 local newspaper an article appeared that started off with these words:
“Two percent of the adults command more than half of the world’s wealth, while the bottom 50% possesses just 1 percent, according to a UN development institute study released this week.”
If our system of capitalism is so good, why is this so disproportioned? Why are “the rich getting richer, and the poor (and you can add “the middle class”) getting poorer?”
If our capitalism is the same now as it was 50 years ago, why is their a much higher proportion of rich verse poor (and rich verses middle class)?
The fact is that the system we have now is different than what it was years ago. I don’t call it capitalism, but intensive capitalism, because that is what it exactly is “intensive”. The rich has gotten everything down to a science. The “science”—if you want to call it that—of how to not only get more money from each customer that walks in a store, to sourcing labor, to importing cheap labor, to milking poor countries dry.
Everything is down to a Frankenstein science. It’s a science, but one that does not benefit mankind, but the self-appointed and self-chosen elite. The super rich know how to get political leaders of other nations to take loans that the World Bank and the IMF knows they can’t pay back. In return, certain selected multi-national corporations get the natural resources of the nation.
Also, the super rich know how to “legally” bribe politicians to support laws that allow them to dominant their respective markets, and also to dominate markets in other countries.
It will only get worse before it gets better. Soon everyone will be so poor that there would not be enough rich for the other rich to sell their expensive “widgets” to. Then what will they do?
All of this might lead to the poor world-wide to rebel, and take all the wealth back by force, even if the wealth is in the names of their children and other family members. This new Spartan up-rising could include some of the former wealth and middle-class. Then the Super Rich will have face trail for all kinds of crimes against humanity.
Permission is granted to use this article as long as it’s left intact and proper credit is used.
Copyright © 2006 Betterlivingebooks.com

0 Comments:
Post a Comment
<< Home