Wealth inequality: worse than we thought!

By next year (2016) over 50% of global wealth will be owned by just 1% of the planet’s population. This is worse than Oxfam’s own report from last year. World Economic Forum meets at Davos this week.


http://www.theguardian.com/business/2015/jan/19/global-wealth-oxfam-inequality-davos-economic-summit-switzerland

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About Michael White

Marine Zoologist specialising in endangered species and remote atoll research. I use modern science and Ethnozoology to provide culturally meaningful conservation projects, with a special focus on the sustainable use of natural resources and food sovereignty. "Tread gently on the Earth"

3 thoughts on “Wealth inequality: worse than we thought!

  1. Krishnan Srinivasan

    This is possible if we can think globally and act locally. A radical change in our outlook shoulld be the starting point. Once we start looking at biodiversity as our only inherited property, our mind set will change. Sentimental attachment with the trees and their occupants in our locality can be best way to induct children towards a conservation goal. If one sees a tree as his grandfather’s gift for better living, responsinility will automatically spawn. Literacy alone will be insufficient. The sad part is — most of us don’t want to inherit either property or values!!

  2. Michael White Post author

    Thanks Krishnan, I agree with that too. One interesting traditional custom on my atoll is that when a woman gives birth, the placenta (afterbirth) may be buried beneath a new coconut tree. As the baby grows, so does the tree: hence it becomes your brother or sister. [I’m not quite sure what would happen if the tree fell down in a cyclone?]

    Mike 🙂

  3. Janos

    Krishnan, you pointed out an important topic: values. I think the worst side of our commercialized world is that it keeps people in a brain-washed state, and they are aiming for things which are good only for making the wealthy even more wealthier. The value of natural heritage, the phrase ‘natural heritage’ itself can barely found in the mainstream media. From economical and financial viewpoint it is not preferred topic at all. We need to deal with it I guess. Janos

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