Article and report shared by Baquer Namazi
Summary
A report by Oxfam reveals that the wealth of the world's five richest men has more than doubled in the last three years, while the poorest 60% of the global population has become poorer. The report, released during the World Economic Forum in Davos, Switzerland, highlights the increasing inequality between the rich and the poor. Oxfam argues that this widening gap is due to deliberate policy choices made by governments that favour the wealthy. The report also suggests that a trillionaire could emerge within a decade, while poverty could take over two centuries to be eradicated, which Oxfam deems unacceptable.
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A New World Order? - Thank you Tom and Baquer for conveying the OXFAM Davos report on inequality. It rings loud
ReplyDeletealarm bells so clearly that one wonders why there has not been a huge hue and cry. One of its
recommendations is that governments should regulate and curb the runaway monopolistic
power of these mega corporations. The thing is that governments cannot control these mega
corporations, rather they have the organization, capabilities and resources to control
governments and nations. But they would not be able to do this if the US Administration is
against it. The new factor is Trump as President. He may very well see that their interests
coincide with his vision of Making America Great Again. Then, even countries in Western
Europe would be vulnerable.
Governments are, in principle, responsible for the well being of the people who elect them, and
to whom they are accountable. Corporations are not responsible for the well being of people
and accountable only to their shareholders. Democracy takes a backseat.
Elon Musk has been a supporter of Trump for a long time, but look how quickly Jeff Bezos and
Mark Zuckererg came on board. These people are beyond being motivated simply to make
more money. One more billion or ten more billions cannot be that meaningful to them. Their
vision must be beyond money...what is it? What drives them? Their vision probably involves a
quantum change in how the world works, a new world order that goes beyond the concept of
the sovereignty of nations, and they can make these changes that impact the human condition
without reference to WE THE PEOPLE.
Just a random concern. Cheers,
Habib
Are we not all in the top one per cent? The head of Oxfam certainly is.
DeleteEntering the era of American oligarchs controlling the country
ReplyDeleteWhile we were adequately paid, am not sure that UNICEF staff can be considered among the 1%.. My plumber makes $200 K a year easy and my friend's daughter drives a truck and makes up to $300K .
DeleteIf we were just adequately paid there would not have been so much corruption in the recruitment process.
DeleteFouad, your plumbers and truck drivers are surely in the top 1% of all plumbers and truckdrivers in the world.
DeleteRead this. Then check here how rich you are.
I used your "check"/test" Detlef. I used my pension as income, the number of people was two and true enough, I am among the world's richest 1% - UNICEF was very good to us.
DeletePerhaps the gratitude should go to the taxpayers in northern Europe who paid most of our salaries and pensions.
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