Eight people have the same wealth as the poorest half of the world’s population. Stop and think about this. It is a mind-boggling concept.
Last year we said we would have needed a double-decker bus to transport the 62 people we thought owned the same as the poorest 3.6 billion on the planet. In 2017, thanks to more accurate data, we find that in fact this group would fit in a single golf buggy.
Today nearly 800 million people – one in nine – across the world will go to bed hungry or undernourished. The adults will wake up uncertain when they will next eat, whether they will have work, fearful for their health and the costs that illness in the family might bring. The eight men – yes, they’re all men – and their fellow billionaires will wake up having slept rather better, and their wealth, invested across the world, will have increased by countless millions even as they slept.
So this is not an exposé of eight people, but of a broken economics. Narrowing the gap between the richest and the rest requires us to take on a more challenging task than asking eight men to change their behaviour. It requires us to create a more human economy; one that does not result in 1% of the world’s population owning the same wealth as the other 99%. One that encourages and rewards enterprise and innovation, yes, but one that also offers everyone, regardless of background, a fair chance in life and ensures when individuals and businesses succeed, they do so for the benefit, rather than at the expense, of others.
Who are the richest eight?
1. Bill Gates – $US75 billion
2. Amancio Ortega – $US67 billion
3. Warren Buffett – $US60.8 billion
4. Carlos Slim Helu – $US50 billion
5. Jeff Bezos – $US45.2 billion
6. Mark Zuckerberg – $US44.6 billion
7. Larry Ellison – $US43.6 billion
8. Michael Bloomberg – $US40 billion
Source: The Guardian.com
Many “right-wing Christians” think capitalism would have been approved by the Messiah. Think again. Please read the book of acts, chapter 2 to 4. The followers of Jesus sold their processions, and had everything in common. They all lived simplistic life’s.
All the believers were one in heart and mind. No one claimed that any of their possessions was their own, but they shared everything they had. With great power the apostles continued to testify to the resurrection of the Lord Jesus. And God’s grace was so powerfully at work in them all that there was no needy person among them. For from time to time those who owned land or houses sold them, brought the money from the sales and put it at the apostles’ feet, and it was distributed to anyone who had need.
New anti-trust laws should break apart the monopolies of the billionaires. No man should be permitted to pay less than 90 per cent tax, when his fortune bypass a billion USD. Simply because accumulating such an amount of wealth should be considered a robbery of us all. That this kind of social injustice will discontinue under the incoming Trump-regime, is wishful thinking. The branded anti-establishment President elect, has filled up his cabinet with likeminded men: From the board rooms of Goldman Sachs and Exxon Mobil. The grave injustice towards 4 billion people is expected to continue…….Till the day Jesus the Messiah returns, and bring justice and judgment.
Written by Ivar