The vast wealth of the few and the poverty of the many will fuel eventually global conflict

 



 

Before you read this article visit what one of the longest serving veteran US Senator in American history has to say about the 'cancer' that is destroying America's way of life and the backbone of their nation, the middle-class, who have lost the most and will continue to do so under the present economic values.

'American's Real Struggle-- Against Billionaire Oligarchy' (2015) by US Senator Bernie Sanders - http://www.opednews.com/articles/American-s-Real-Struggle--by-Bernie-Sanders-Billionaires_Oligarchy_Real-Democracy-150209-894.html

And also, how the TTP (Trans Pacific Partnership) will wreak havoc on future America and its people - 'This is what corporatocracy looks like!: Trading US Democracy for Corporate Profits with TPP' - http://www.opednews.com/articles/This-is-what-corporatocrac-by-Dave-Lindorff-Corporate-Corruption-Crime_Corporate-Rule_Corporatocracy_Democracy-150215-572.html

'Fast Track Trade Traitors Murderers and Enemies' - http://www.opednews.com/articles/Fast-Track-Trade-Traitors-by-Rob-Kall-Enemies_Enemies-Of-Democracy_Fast-Track_Killing-150614-57.html

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'The Global Wealth Report 2013' by Credit Suisse  https://publications.credit-suisse.com/tasks/render/file/?fileID=BCDB1364-A105-0560-1332EC9100FF5C83 and the report by OXFAM entitled 'The cost of inequality: how wealth and income extremes hurt us all’ http://www.oxfam.org/sites/www.oxfam.org/files/cost-of-inequality-oxfam-mb180113.pdf

make vivid and contrasting reading.

  

Indeed as we move away from the season of goodwill to all again and enter normality in the New Year, the question that has to be asked is, has things really got better generally for the people of the world? For some it certainly has according to the ‘Global Wealth Report 2013’ released late last year by Credit Suisse and where a mere 0.7% of the world’s adult population controlled 41% of the world’s total wealth and the top 10% owned 86% of all global wealth. In stark contrast 50% of the world’s adult population only owned 1% of the world’s wealth. Indeed added to these wealth statistics the recent report by Oxfam states that the wealth made by the world’s richest 100 adults last year could have ended poverty four-times over.

'Cancer Capitalism' - http://www.opednews.com/articles/Cancer-Capitalism-by-Mark-Taliano-Bailout_Capitalism-Over-Humanity_Finance_Finance-151024-207.html

'The Lie Machine' - http://www.opednews.com/articles/The-Lie-Machine-by-Paul-Craig-Roberts-America_Corporate_Corporations_Power-141012-777.html by Dr Paul Craig Roberts, former Assistant Secretary of the US Treasury for Economic Policy in the Reagan Administration

 

Added to this 90% of the world's population's wealth equates to only 14% of the worlds' wealth (the wealth that you and me have) or equivalent to 1/7th of the world's wealth and that is all that 6.4 billion people have to survive on, on a daily basis. In comparison a mere 0.7 billion people have 6/7ths of the world's wealth. Therefore can this vast wealth-poverty difference be right when a mere 10% controls 86% of the world's wealth. Indeed this inequality is in many ways the reason why global and intercontinental wars (civil wars and revolutions) start and where the rich are never a part of the fighting that ensues, but those who have to fight are from the 90% and in the majority of cases ultimately die in all global conflicts according to the history of warfare, not rich people who are in many ways the genesis of all conflicts indirectly.  

'We Are All Greeks Now' (by a joint Pulitzer Prize winner) - http://www.opednews.com/articles/We-Are-All-Greeks-Now-by-Chris-Hedges-Austerity_Banks_Capitalism_Corporate-150712-434.html

 

Therefore comprehending these vast figures in inequality a further question has to be asked, has capitalism and its big brother globalisation in reality done anything for around 90% of the world’s population?  I would say in my humble opinion based upon the above figures that it appears very little.  

Dr David Hill

Chief Executive

World Innovation Foundation

(updated 24 October 2015)

 
 

References:
'Rule By The Corporations: The TTIP, The Corporate Empowerment Act' - http://www.globalresearch.ca/rule-by-the-corporations-the-ttip-the-corporate-empowerment-act/5452726

'Corporate Psychopaths, Transcript of Interview with Clive Boddy, Author, part 1' - http://www.opednews.com/articles/Corporate-Psychopaths-Tra-by-Rob-Kall-130727-402.html

'Corporate Psychopaths and Bullies, Transcript of Interview with Clive Boddy, Author, part 2' - http://www.opednews.com/articles/Corporate-Psychopaths-and-by-Rob-Kall-130727-614.html

'Chomsky Talks about Psychopaths and Sociopaths' - http://www.opednews.com/articles/Chomsky-Talks-about-Psych-by-Rob-Kall-Corporations_Health-Mental-Sociopath-Narcissism_Narcissism_Psychopath-140215-378.html

'Who Are the Enemies of Democracy?' - http://www.opednews.com/articles/opedne_rob_kall_060219_who_are_the_enemies_.htm

'Corporatism is Killing America' - http://www.opednews.com/articles/Corporatism-is-Killing-Ame-by-Rob-Kall-120819-348.html

'World War Three Is Under Way and YOU Are the Enemy' - http://www.opednews.com/articles/World-War-Three-Is-Under-W-by-Rob-Kall-110706-550.html

'Rob Kall: Traitors and Heroes/Traitors as Heroes' - http://www.opednews.com/articles/opedne_rob_kall_060827_traitors_and_heroes_2f.htm

'Calling Out and Challenging Evil... While We Still Can' - http://www.opednews.com/articles/Calling-Out-and-Challengin-by-Rob-Kall-121003-737.html

'Made In America; Real Monsters-- Corporate Personhood' - http://www.opednews.com/articles/Made-In-America-Real-Mons-by-Rob-Kall-110501-620.html

'The War Against Humanity; Targeting the Real Axis of Evil' - http://www.opednews.com/articles/opedne_rob_kall_071229_the_war_against_huma.htm  'Four Horsemen - Feature Documentary - Official Version' (How the world really is by international economists and eminent thinkers) - https://www.youtube.com/watch?v=5fbvquHSPJU

Film Documentary - 'The Corporation : The Pathological Pursuit of Profit and Power' https://www.youtube.com/watch?v=Y888wVY5hzw

What you should know about the 'Gates Foundation' and Others, and how they manipulate the system to their own ends and predominantly unknown to the people - indeed they are not the so-called good guys that they make out to be - http://www.opednews.com/articles/Privatized-Ebola-by-Margaret-Kimberley-Bill-Gates_Bottom-up-Top-Down_Ebola_Philanthropy-Giving-141016-114.html

'The Government Problem' (24 December 2014) - http://www.opednews.com/articles/The-Government-Problem-by-Robert-Reich-Government-Crime_Government-Takeover_Legislation_Money-141224-359.html

'The Billionaire Sentenced to Five Years in Prison' (25 December 2014) - http://www.opednews.com/articles/Billionaire-Sentenced-to-F-by-Rob-Kall-Billionaires_Corporate-Personhood_Hong-Kong-141225-388.html

'The Illusion of Democracy' - http://www.opednews.com/articles/The-Illusion-of-Democracy-by-Gilbert-Mercier-150304-357.html