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+--- Thread: So the richest 1% on our planet have doubled their wealth while the poor r poorer? (/showthread.php?tid=12020)
So the richest 1% on our planet have doubled their wealth while the poor r poorer? - 0762 - 17-01-2023
This is the latest revelation from most MM sources and how depressing it is although it will be unsurprising to most people in this country.
And this announcement coinciding with the meeting of the world's wealthy elites in Davos, a group of people most of whom I'm damn sure will not be bothered at all re what happens to our planet or how we find a proper economic model to eradicate food banks in wealthy countries like the one we live in. Why is the existence of food banks being normalised in the minds of future generations of kids in this country? A recent Oxfam report revealed new wealth of $42T for the top 1% while 880M people going hungry globally!!? Some of these hungry people are resident in this country!! What is the solution? A "wealth tax" is the obvious one, but such a fiscal policy will be "fought tooth n nail" by politicians who are effectively empowered by wealthy people/influencers donating money to political parties that ensure their interests and money are secure. Therefore, nothing ever changes in a radical sense other than the "rich get richer and the poor get poorer". Hmmmmm!!!?? The world is changing, but clearly not for the better where globalisation has manifestly failed in the past 30 years!! In Davos, the debate will no doubt centre on re-globalisation where power and wealth is held by a few people while value created globally is mostly creamed off by those relatively few people, incl billionaires and wealthy corporations etc. SOMETHING HAS TO GIVE EVENTUALLY THOUGH - JUST A CASE OF WHEN DOES THE MOMENT ARRIVE WHEN GOOD PEOPLE WHO CARE FINALLY SAY ENOUGH!!! The economic tools have always been available out there to re-distribute wealth more fairly. However, that natural recourse has been sadly resisted by too many governments like the one currently offending here with impunity. We can already see there are good people out there protesting against the erosion of their human and working rights - a clash of two different ideologies with one closely linked to this wealthy influencing fraternity in a position that will become totally untenable in the long term.