Today more on the unequal distribution of global wealth and trade theory.
Today we complete our study of Oxfam’s report on Global Income Inequality which doesn’t appear to portend well for our future ave on this planet. The wealthiest one percent have made themselves the perceived enemies of the world, and that’s not a very safe place to be. Anyone attacking the one percent (1%) will be politically popular. Anyone demanding attacks on their wealth will become an overnight saint.
Yesterday we looked at how one-sided the exercise of power has been in the United States with relevance to what was going on in the American political mosaic especially in the latter sixties-early seventies period. Today we’ll have a look at inequality in the distribution of wealth in the contemporary world in an effort to show that what Hunter S. Thompson spoke out against fifty years ago – the exploitation of the common person by the wealthy amongst us for one thing – is still occurring today on a regular basis and continues to provide the dialectic which moves our world.