And by 2016 says Oxfam's Executive Director Winnie Byanyima, they will own more than the other ninety nine percent put together and she implores the world leaders to act urgently
against inequality.
I really don't think they're listening Winnie and nor do they want to hear a thing you're saying. They're not prepared to walk the talk, certainly not while there's arms to manufacture and sell to every man and his dog, not while there's oil to fight wars over and certainly not until they've finished feathering their own nests thankyou very much. And the world's billion poorest who live on less than $1.25 a day aren't going to vote for them anyway...
Showing posts with label oxfam. Show all posts
Showing posts with label oxfam. Show all posts
Sunday, January 25, 2015
Thursday, January 23, 2014
Eighty Five Of The Richest People In The World Have More Money Than The World's Poorest 3.5 Billion People...
The eighty five people who have more wealth than half the world's poorest may or may not be happy. Who knows.
Perhaps they spend most of their time and energy making sure they don't lose their vast fortunes. Who cares.
We do know that many of these wealthy individuals give away much of their money to humanitarian causes. That's wonderful.
There's always been The Haves, The Have Nots and The Have Lots but the gap between the Have Nots and The Have Lots has widened by alarming proportions.
The tiny elite of the world's multi-billionaires could all fit on a double-decker bus but that's something you'd be unlikely to see.
The most monied at the moment is the Mexican Carlos Slim Helu whose wealth is 73 billion, then there's Bill Gates and the rest of them.
And now Credit Suisse estimates the world will have eleven trillionaires within the next two generations.
But the young throughout the world feel they have no future.
Oxfam is trying to win the war against poverty but realise they are fighting a losing battle unless they can tackle the elephant in the room called inequality.
Oxfam considers that this huge gap between the one percent of people who have half of the world's wealth, around 110 trillion, is enough to trigger enormous repercussions such as massive social unrest.
They consider this to be a wake up call for even the deepest sleepers.
They know that people are becoming increasingly separated by economic and political power which inevitably heightens social tension and increases the likelihood of a societal breakdown. Who knows what will happen then.
We should be served by wealth.
Not controlled by it...
Perhaps they spend most of their time and energy making sure they don't lose their vast fortunes. Who cares.
We do know that many of these wealthy individuals give away much of their money to humanitarian causes. That's wonderful.
There's always been The Haves, The Have Nots and The Have Lots but the gap between the Have Nots and The Have Lots has widened by alarming proportions.
The tiny elite of the world's multi-billionaires could all fit on a double-decker bus but that's something you'd be unlikely to see.
The most monied at the moment is the Mexican Carlos Slim Helu whose wealth is 73 billion, then there's Bill Gates and the rest of them.
And now Credit Suisse estimates the world will have eleven trillionaires within the next two generations.
But the young throughout the world feel they have no future.
Oxfam is trying to win the war against poverty but realise they are fighting a losing battle unless they can tackle the elephant in the room called inequality.
Oxfam considers that this huge gap between the one percent of people who have half of the world's wealth, around 110 trillion, is enough to trigger enormous repercussions such as massive social unrest.
They consider this to be a wake up call for even the deepest sleepers.
They know that people are becoming increasingly separated by economic and political power which inevitably heightens social tension and increases the likelihood of a societal breakdown. Who knows what will happen then.
We should be served by wealth.
Not controlled by it...
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