Wednesday, 30 May 2018
The inequality in our world has become so extreme that now just 8 people own the equivalent of half the world's population (3.6 billion).
1 in 10 people survive on less that $2 per day.
The top 10% consume 60% of the world's resources.
And this is supported by the System:
Shareholders, banks, corporate executive bonuses, accounting procedures, financial privacy conventions, secrecy, collusion, corruption.....
All these things contribute to inequality.
And if you challenge any of it you are told that it is privileged information protected by privacy laws.
Or you get a letter that is straight out of 1984 - Black/White, New Speak, The Ministry of Truth - designed to hide the truth.
And corporate executives claim ignorance whenever corruption or exploitation is discovered.
"We knew nothing about it."
This is done by subcontracting to companies with dubious business practices and not asking any questions.
And no one ever seems to be charged.
But the major crime is tax avoidance.
Corporations transfer internal revenue to tax havens and pay no tax.
This costs poor countries $100bn per year.
And our governments are cuting foreign aid claiming they don't have the money.
This is blatant corruption.
It is evil.
And it is untenable.
God save us from the System.
Photo Credit: torbakhopper Flickr via Compfight cc