Tag Archives: Development

POVERTY CONTINUING EXISTENCE IS GUARANTEED FOR ETERNITY

26 Wednesday Feb 2014

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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%

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ON ALL STOCK EXCHANGES TRANSACTIONS IN THE WORLD creating a self sustainable system with sufficient funding to eradicate abject poverty and bridge the ever-increasing inequality that is replacing the very definition of poverty.

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
NASDAQ OMX Americas 3845132 $4,582,389
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
TMX Group Americas 1912122 $2,058,839
Deutsche Börse EAME 1184500 $1,486,315
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
BM&FBOVESPA Americas 1228936 $1,227,447
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
Johannesburg SE EAME 789037.1 $907,723
Singapore Exchange Asia Pacific 598272.7 $765,078
Taiwan SE Corp. Asia Pacific 635505.8 $735,293
Mexican Exchange Americas 408689.8 $525,057

Data: World Federation of Exchanges 2013

In Failing the Earth we are failing Humanity

05 Wednesday Feb 2014

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Christine Lagarde Managing Director, International Monetary Fund during her recent David Dimbleby Lecture (04/02/2014) to her credit touched upon most of the major problems facing the World.

She rightly pointed out that with 60% of us living in big Cities by 2030 the middle class will make up 30% of us. Hyper connected. Sending 3 million emails every second. Virtual Mobs. Growing further apart. She is right to say we are looking at Demographic time bomb. She is correct to point out that the World is becoming more fragmented in terms of power, influence and decision making.

That we are creating a Labyrinth of Inequality replacing Poverty.

She touched on climate change advocating that it is non negotiable. Very true but she then goes onto to suggest a pay for damage caused policy as a solution.

Carbon Credits like Fish Quotas done work turning into tradable items.

She highlighted one of the main threats coming from Environmental change – Heightened water stress, with 40% of the land in Africa by 2030 becoming useless.

She called for the need for more interconnections, multilateralism, Interconnected Voices, Inter Nation Bank lending, Social contracts, Inclusion, a Financial system for the 20th century. She even mentioned that you could put the world’s top 21 riches into a one decker bus.

SHE OBVIOUSLY BELIEVES THAT THE SOLUTION TO WORLD POVERTY IS BY WAY OF ECONOMIC GROWTH. POINTING OUT THAT IF MORE WOMAN IN THE WORLD WERE TO ENTER THE WORKPLACE THE WORLD ECONOMY WOULD GROW BY 30%.

THERE IS LOTS TO ADMIRE ABOUT MADAME LAGARDE SPEECH BUT IT MUST BE REMEMBERED SHE SPEAKS AS THE MD OF IMF.

SHE DID NOT MENTION THE ONGOING PRIVATISATION OF THE WORLD BY SOVEREIGN WEALTH FUNDS.

THE INEQUALITY/ POVERTY DELIVERS OF THE FUTURE.

SHE DID NOT MENTION THAT THE HYPER TECHNICAL AGE AS SHE LABELED THE NEW AGE WE LIVE IN.

 WILL REMOVE MILLIONS OF JOBS THROUGH AUTOMATION.

We have Capitalism, a political system – countries trade – industries owned by private owners for profit.

We have Socialism, a political system – economy more owned by the people.

We have Communism, a political system economy owned by the state, or collective Organisations.

We have the Third Way, ideology that seek to combine egalitarian and individualist policies. A Tony Blair – a mix of Socialism and Communism.

Than you have my way. CAPITALISM WITH – EVERY TRANSACTIONS ON ALL WORLD STOCK EXCHANGES SUBJECT TO A WORLD AID COMMISSION.

To quote Bill Gates, ” Nothing can stop an idea whose time has come”

The way to stop Inequality and banish poverty is to get the heart of Capitalism  GREED  to beat money.

                          

Changing World Poverty through the power of smartphones

08 Sunday Dec 2013

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Right it’s time to return to the main reasons I started this blog.

And that is:

TO CREATE A WEB SITE THAT WILL ATTRACT THE WORLDS SMART PHONE USERS INTO A WORLD MOVEMENT THAT WILL USE THE COMBINED POWER OF THEIR PHONES TO BRING ABOUT CHANGE. ( see previous posts)

We know and most of us acknowledge the problems of the world.

The main problem is the distribution of Wealth i.e. POVERTY

It is my contention that no matter what the world does in its efforts to eradicate POVERTY – nothing will work. Why?

The geography, the resources distribution, the power struggles, lack of education, the digital age creating technological deserts, the lack of genuine will, consumerism, population growth, to mention a few reason

There is only one way:  To tap into the very reason why it exists in the first place.

GREED:

 There is no way of archiving this other than placing a Poverty commission on all trading on all the Stock Exchanges of the WORLD THAT EXITS NOW AND IT THE FUTURE.  To day there are approximately 103 Exchanges world wide. On very trade no matter what it is – stocks, bonds, derivatives, forex&inter bank, cash&spots, futures, equities, gilts, commodities, hedge-funds. You name it. If it can be traded for profit it contributes to eradicating poverty. Poverty is man-made with millions of people trapped in its prison. It can be overcome.

Greed will not even notice it. The income generated will be in the trillions.

No more : Donate just two pounds a month to save a child, a snow leopard, a whale, a donkey.  

Rather : Enough funds – to stop conflicts, to stop exploitation ,to stop terrorism, to stop climate change, to live on one planet with dignity and respect for each other, to change the world. CASE CLOSED.