Huffington post recently published an article
“HALF OF THE GLOBAL WEALTH ‘ OWNED BY 85 PEOPLE COULD ALL FIT ONTO A SINGLE-DECKER BUS”
Hard to BELIEVE but true.
Bill Gates predicts in the recent Gates Foundation Letter that by 2035 there will be no more poor countries.
Hard to BELIEVE.
China economy has lifted a stunning 680 million out of Extreme Poverty accounting for 3/4 of the worlds decline in poverty over the last 30 years.
True. Their economy moved from $1.25 a day to 6.3 Yuan a day or $365 p.a.
China still has a billion people living on $5 a day.
The United Nations recently announced it had achieved the promise made in 2000 by world leaders to halve Extreme Poverty by 2015.
Yet to-day 4.1 billion people still live in Extreme Poverty and every four seconds a child died from preventable causes.
All the above good news is a small step in the right direction.
The real world however paints a different picture. Inequality is growing everywhere while human Rights are being undermined.
Mankind has gone from fighting with stones – swords – to muskets – to machine guns – to right up to modern era of poison gas and nucks that can eradicate all poverty in a minute.
There is no getting away from it the 20th century has had to be the most violent in human history. Two world wars.
When you have a silent majority what has happened in History.
The Communist Russia were responsible for the murder of 20 million. The Chinese Communist managed a staggering 70 million. The Japanese 12 million. The Rwandans God Knows.
What does all this prove. Nothing I suppose other than anyone who doubts that the issue of Equality is not serious is contributing to the passiveness that allows the problem to expand. We are Silent – and then silenced.
But here is the real question.
Do you BELIEVE that in the next thirty years poverty is going to be removed from the planet by growth of 1% in GDP per head which reduces poverty by 1.7%.
Or would an increase of 1% in the living wage be better.
It would reduce poverty in the riches countries by 4.3%.
The bad news is that a living wage will have little or no effect.
Why? Because 47% of all to day’s jobs will be automated in the next twenty years. Most will be the living wage jobs, so inequality will widen and the countries that are not up to date with technologies will become poorer.
What happens will arrive on you DOORSTEP.
THERE IS ONLY ONE OPTION/SOLUTION.
POVERTY IN ALL ITS PRESENT DAY FORM WILL NOT DISAPPEAR ALL ON ITS OWN. FOR THIS TO HAPPEN IT MUST HAVE AN EXTERNAL SOURCE OF RESOURCES TO TACKEL IT.
THIS SOURCE IS GREED ITSELF. ( see previous posts)
You want to be more than naive to BELIEVE that the whole world is going to get richer. That inequality is going to narrow. That climate change is not going to have any effect. That there is going to be peace. That the worlds renewable resources are not going to run out. That SOVEREIGN WEALTH FUNDS WHICH ARE THE SILENT FACE OF GREED ARE GOING TO SHARE THEIR PROFITS.
THE IMPROBABLITIES ARE ENDLESS.