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