How the Wealth of the World is distributed
Image source: https://commons.wikimedia.org/wiki/File:Poor_and_rich_in_Thailand.JPG W e know from history that in the past, much of the world’s wealth was held by a few rich and powerful kings and emperors. Has that changed now? Have you wondered how the world’s wealth is distributed in the new modern democratic age where we have rule of the people, by the people for the people. It seems that the emperors may not have gone away. They have perhaps just changed their style and address. Nevertheless as human civilisation advanced inequalities on the whole reduced or moved up and down over the centuries, then something dramatic happened around thirty years ago in 1985, inequalities began to rise again at ever faster rates. See here for precise scholarly data on this and simple ways to fix it. According to a report in the guardian, The extent to which so much global wealth has become corralled by a virtual handful of the so-called 'global elite' is exposed in a n...