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| It's official - it is fully 50% as of this year. |
For the first time in history, the richest 1% of humanity owns 50% of the world's wealth. At the same time conditions for the other 99% seem to be getting bleaker all the time.
The inequality in my homeland, Canada, is also evident. The wealthiest 86 Canadians own as much wealth as the 11.4 million poorest.
Surely this is a sign of some sort of insidious mental illness, Wealth Hoarding Syndrome perhaps. One has to ask, "How much does one person really need?" and "What is the purpose of all that money?"
In the end, excessive amounts of money makes humans engage in counterproductive activities. Always wanting more borders on the pathological.
I wonder if the mental patients are holding a celebration to commemorate their raking in of 50% of the globe's goodies? But what I really wonder is:
"Are they satisfied now, or are they going to go for the full 100%?"
Buying as little as possible I am trying to avoid feeding the insanity. I watch who I am giving my money to, and try to keep my cash in the community. It is the healthy way to go.
The 1% do not need more of your hard earned money. They can keep their hands off my stash.
If we were playing that game, we would feel like total losers. I am feeling good about liquidating my "holdings" and being free of petty tyrants.
ReplyDeleteFreedom is the goal. Simple living is the way.
DeleteWhilst giving tax breaks to billionaires our government, here in the US, is taking away benefits for the disabled, poor and elderly. I wonder how these folks sleep at night? Sadly I feel they think they are above all these troubles, as if those needing services must have done something to deserve their circumstances.
ReplyDeleteIt has become very fashionable is certain circles to deflect blame to those least able to defend themselves. Here in Canada we just threw out our government that worked along these lines in favour of a more compassionate alternative.
DeleteSeems to me, that there must be a great lack of empathy in very rich circles. Suppose they think wealth somehow elevates them from the less fortunate. It is a great paradox, that those who have more than enough to make a huge difference to many, seldom do anything of substance. Suppose they think that the poor simply brought it on themselves somehow? Pam
ReplyDeleteSo mean. Why are they so mean? If only kindness were more common. I am going to be extra kind to provide some balance in the world. I am going to forgive and love. At times, we may need to be firm when confronted with unchecked greed and selfishness.
DeleteI work for some wealthy individuals and have heard them say that their wealth is gift from God for good behaviour in past lives. I kid you not.
ReplyDeleteI hear that God hates that shit.
DeleteIt sounded insane to me...but I have noticed that people addicted to money and wealth seem to have a lot in common with drug addicts.
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