Wednesday, February 27, 2008

Religion says, Humanism says, we are all equal, blah blah blah

So this was a headline on BBC today http://news.bbc.co.uk/2/hi/in_depth/7262830.stm Was this really a news though? This has been going on for decades and given today's economic models (Capitalistic/Globalizatio
n),it will only get worse according to all the analysts that I've read, so what gives?

On the downside, people will keep dieing, but on the upside, others (including ourselves) will get a good feel when we throw some money the poor's way ... Aside from a few, we barely see anyone talking about how irrational and unjust today's wealth distribution is, at national AND international levels, isn't that something?

"A study by the World Institute for Development Economics Research at United Nations University reports that the richest 1% of adults alone owned 40% of global assets in the year 2000, and that the richest 10% of adults accounted for 85% of the world total. The bottom half of the world adult population owned barely 1% of global wealth."

"In the United States at the end of 2001, 10% of the population owned 71% of the wealth, and the top 1% controlled 38%. On the other hand, the bottom 40% owned less than 1% of the nation's wealth."

http://en.wikipedia.org/wiki/Distribution_of_wealth

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