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Much of World Missing the Point in 1% Versus 99% Debate

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I n recent times, an idea has asserted that it is only a few in the world that control most of its wealth and power. It is said that even in democratic countries the top 1% own most of the wealth and control how our world functions to the extent that Nature permits. In fact such control is by much less than the 1%. It is by few among the 1% with the rest of the 1% being their families, associates, aids, employees and principal puppets and slaves.   It has further been concluded by many thinkers that a just world requires that this domination and control of the 1% come to an end and that shall happen in part when capitalism ends and is replaced by communism or socialism. That might be even worse as past experience of mankind has shown because one important point is often missed in all this, and it is as follows, It is not the control by 1 percent that is bad for the world, it is how that control is acquired and perpetuated. If lies, unethical and criminal means, expl

Democracies for the One Percent

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Democracies for the few U ntil a few centuries ago and even now in some countries, the prevalent form of government was a Monarchy. One single person, chosen by hereditary or with the help of the sword was an absolute ruler. Since the governance depended on this single person, it was a great or horrible one, depending on this single person. In recent times monarchies have been abolished in most countries but humans have still found power centered in a single person in the form of dictatorships. Some have been abolished in Arab countries after the recent Arab Spring, when dictators like Gaddafi were unceremoniously removed, even from their cozy hidings in the sewer lines. In a country like North Korea, the form of governance is some form of communism but the ruler ship is also dictatorial and monarchy-like being transferred through hereditary rights. In some other communist countries, it appears that the ruling power is spread between select groups of persons. In this