Complex tragedies of wealth and want presage latest tragedy but latest not cause of crisis
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| Deutsche Welle Documentary “Asphyxiated on the Highway: The End of a Desperate Journey” |
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Almost half of the world’s wealth is now owned by just one
percent of the world’s population. $110 trillion—65 times the total wealth of
the bottom half of the world’s population—constitutes the wealth of the one
percent richest people in the world. The richest 85 people in the world hold all
of what equals to the wealth-holding of all people in the bottom half of the
world’s population. Seven out of ten people live in countries where economic
inequality increased in 30 years preceding a 2013 Credit Suisse Research Global Wealth Report. Since 2009, the United
States’ wealthiest one percent captured 95 percent of post-financial crisis growth
while the bottom 90 percent became poorer.
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e can feign outrage or actually be outraged by the current state of
affairs but real or pretended outrage doesn’t amount to a hill of beans when
common sense tells us that poverty need not “always be with us”—that was peddled
propaganda and otherwise expedient, flawed reasoning. Anyone with common sense
knows that when ordinate power, their interminable wars, dominance and plunder,
their criminal impunity create and sustain poverty—when this critical causation is pervasive and persistent—the consequence is inevitable, interminable poverty. And from conditions
of interminable want, poverty, conflict, destabilization, victimization—looking
up from scrubbing the floors and toilets of inordinate wealth—rise desperate
acts (piracy, smuggling in people, animals, and in inanimate objects of all
kinds) to get out from under the arm of oppression, to gain some measure
of self-respect and not opulence but the basics of a decent livelihood and living.
“…Global household wealth equates to USD 51,600 per adult, a new all-time high for average net worth [but] this average global value masks considerable variation across countries and regions. The richest nations, with wealth per adult over USD 100,000, are found in North America, Western Europe, and among the rich Asia-Pacific and Middle Eastern countries.… Wealth varies greatly across individuals” but this reports estimates that “the lower half of the global population possesses barely 1 percent of global wealth… The richest 10 percent of adults own 86 percent of all wealth….The top 1 percent account for 46 percent of the total wealth.”
Wealthy nations [though within these nations there is dire want]: USA, Japan, China, India, France, United Kingdom, Switzerland, Russia, Singapore, Taiwan, Indonesia, Australia, South Africa, Chile, Brazil, and Canada
Blog Author
A lifelong American writer and writer/activist (former academic and staffer with the U.S. government in Washington), Dr. Carolyn LaDelle Bennett is credentialed in education and print journalism and public affairs (PhD, Michigan State University, East Lansing, Michigan; MA, The American University, Washington, DC). Her work concerns itself with news and current affairs, historical contexts, and ideas particularly related to acts and consequences of U.S. foreign relations, geopolitics, human rights, war and peace, and violence and nonviolence. Dr. Bennett is an internationalist and nonpartisan progressive personally concerned with society and the common good. An educator at heart, her career began with the U.S. Peace Corps, teaching in Sierra Leone, West Africa. Since then, she has authored several books and numerous current-affairs articles; her latest book: UNCONSCIONABLE: How The World Sees Us: World News, Alternative Views, Commentary on U.S. Foreign Relations; most thoughts, articles, edited work are posted at Bennett’s Study: http://todaysinsightnews.blogspot.com/ and on her Facebook page https://www.facebook.com/carolynladelle.bennett. http://www.prweb.com/releases/2014/08UNCONSCIONABLE/prweb12131656.htm http://bookstore.xlibris.com/Products/SKU-000757788/UNCONSCIONABLE.aspx Her books are also available at independent bookstores in New York State: Lift Bridge in Brockport; Sundance in Geneseo; Dog Ears Bookstore and Literary Arts Center in Buffalo; Burlingham Books in Perry; The Bookworm in East Aurora






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