Our very own human failings; Greed- Envy – Lust ensure that poverty will never be eradicated to the end of time.
I don’t know about you but every time I see a fellow human begging, sleeping in the street or a TV appeal for funds that uses an image of a skeleton child my own life happiness is marred.
You will see from previous blog that Privatization of everything is happening right in front of our eyes.
Wealth inequality in the world is well on the way. Our present day technology will probably lead to an unattainable disparity between the have and the have-nots.
If we don’t wake up to this fact Google will be charging for knowledge, we will be paying for fresh air and water, and our vote will be completely worthless.
You might say there is no foreseeable way of stopping the direction we are going in. This seems to be the view held by most countries, world organisation, promoting growth at all costs in our economies in the disillusioned hope that it will drag us all to happier days.
It is my view or I should say my firm belief that it is the first responsibility of a Nation to protect it most vulnerable citizens. THE WEALTH OF A NATION IS MEASURED BY ITS COMPASSION NOT THE GROWTH OF ITS GDP.
There is no place in this world for abject poverty, or exploration for the sake of Profit.
As I have said there will always be some form of Poverty no matter how much money we donate. so once again I put it to you that only a self sustainable approach will have any hope of closing the gap.
The question is how do you create a system within a monopoly called Capitalism or for that matter within any political ethos.
Impossible: Because all are run by human beings.
Even if we were to invent AI Robots and run all decisions making through a computer armed with all world history in every field of human endeavor, they or it would be contaminated by our human failings.
So the only solution is to use these failings . Greed – Envy – Lust – by tapping into what lies at their heart Profit for Profit sake.
It’s not possible to cap Profit, but it is possible to apply a commission of 0.001%
Nothing that suffers can pass without merit in the sight of what ever God you choose.
Stock Exchanges – Sorted By Domestic Market Capitalization (USD millions)
|ExchangeName||Region||2011||Market Size $million 2012|
|NYSE Euronext (US)||Americas||11795575||$14,085,944|
|Japan Exchange Group – Tokyo||Asia Pacific||3325388||$3,478,832|
|London SE Group||EAME||3266418||$3,396,505|
|NYSE Euronext (Europe)||EAME||2446767||$2,832,189|
|Hong Kong Exchanges||Asia Pacific||2258035||$2,831,946|
|Shanghai SE||Asia Pacific||2357423||$2,547,204|
|Australian SE||Asia Pacific||1198187||$1,386,874|
|BSE India||Asia Pacific||1007183||$1,263,336|
|National Stock Exchange India||Asia Pacific||985269.4||$1,234,492|
|SIX Swiss Exchange||EAME||1089519||$1,233,439|
|Korea Exchange||Asia Pacific||996139.9||$1,179,419|
|Shenzhen SE||Asia Pacific||1054685||$1,150,172|
|NASDAQ OMX Nordic Exchange||EAME||842100.9||$995,719|
|BME Spanish Exchanges||EAME||1030988||$995,088|
|Singapore Exchange||Asia Pacific||598272.7||$765,078|
|Taiwan SE Corp.||Asia Pacific||635505.8||$735,293|
Data: World Federation of Exchanges 2013