The majority of people receive very small shares of global wealth.
Poverty is inevitable for people in category “B” because people in “B” receive a
very small share of wealth. Poverty is NOT a disease to be eradicated. Poverty is
a symptom of high wage earners. The cure entails reducing the wages for high-wage-earners.
Poverty will decrease directly in proportion to reduced salaries of high-wage-earners.
Capitalism is the disease. Poverty will only be eradicated when all people receive
the same wage.
Poverty is a relative term based upon the disparity between rich and poor. Higher
standards of living don’t eradicate poverty. The disparity between rich and poor
is typically increasing.
For stylistic reasons (in the chart on the left) the B section is divided into 50
divisions because 98 divisions would be too small to see the divisions properly.
GLOBAL WEALTH DISTRIBUTION - POVERTY AND RICHES
Vast riches for a WEALTHY MINORITY = Poverty for the majority of people.
2% of the global population earn gargantuan incomes therefore the remaining 98% are
poor. People fail to appreciate how simple logic underpins imbalance of wealth. Capitalist
politicians are a good example of people failing to comprehend how inevitable-poverty
is an inherent aspect of capitalism. A failure to appreciate basic mathematics regarding
wealth-inequality leads people to believe poverty can be eradicated without eradicating
(or making everyone equal to) millionaires and billionaires.
Logic is denied. Basic interrelationships are ignored. Maths is misunderstood. Truths
regarding poverty and riches are obvious but people experience difficulty comprehending
truth. Millionaires and billionaires create poverty. Capitalism is a system based
upon unawareness therefore people inevitably fail to understand cause and consequence.
Despite a capitalist lack of awareness regarding interrelationships, I’m attempting
to explain the true nature of the global economy. This “wealth-distribution page”
enhances my legal-theft page, which enhances my explanation regarding the stupidity
of capitalism. Hopefully these three related pages will explain to the stupidest
person how riches for the minority creates poverty for the majority. It’s simple
IMBALANCE OF WEALTH
The imbalance of wealth has TWO extremes:
1. Poverty 2. Riches
Poverty is intimately connected to billionaires and millionaires, but interrelationships
between high-wage-earners and low-wage-earners are NOT officially recognised by journalists,
social-commentators, or politicians. Denial of simple maths leads people to assume
poverty is not caused by high-wage-earners. There is often a false assumption that
poverty can be eradicated without decreasing the wealth of the Global Elite. Commonplace
false-assumptions regarding poverty reveal a civilisation suffering from outrageous
The basic mathematical error of capitalism is comparable to believing ten units can
be divided equally between two people so that each person has eight units. Worldwide
it is accepted the richest 2% of the global population own at least 50% of global
wealth. To simplify this ownership of wealth I want you to imagine the richest 2%
of the population (the Global elite) represented by only two people. Now imagine
the remaining 98% of the global population represented by only 98 people. Now I want
you to visualise the Global Elite being labelled with a letter “A” and common workers
are labelled with a letter “B”. Imagine a hypothetical business employing both A
and B. The total wage-budget for this hypothetical business is 100 units. If “A”
receives 50 units, “B” can receive no more than 50 units. People in “A” category
receive 25 units per person. Sadly people in “B” category receive slightly over half
of 1 unit for each person. When you split 50 units into 98 portions this results
in the very small fraction of ½ a unit for each person. Half a unit compared to 25
units is a very large imbalance. Wages per person are fixed for category A and B.
The majority of people are poor because they are exploited by a rich minority.
This imbalance cannot be remedied by placing more people into category “A” because
this would bankrupt the business: the global economy.
Imagine “A” = leaders, while “B” = commoners. The fundamental nature of leadership
dictates only a minority of people can be rich leaders. It is logically impossible
for more than a small fixed amount of people to enter A-category. In each country
only a few handfuls of people are selected from millions to be leaders. Leadership
in all forms is a minority-position therefore the Global Elite are always destined
to create poverty for the majority of people. The solution is to create a new category,
category “C” where everyone receives the same wage. Equal wages will end the inequalities
arising from monetary imbalance. Poverty can only be eradicated via equally sharing
all wealth. Paying one worker more than another is the essence of poverty (capitalism).
Ramifications of this inequality reverberate throughout society, thus we see the
consequences of greed (violence, hate, war, rape, murder, robbery, whoredom). Wage
equality for everyone is the only way to make poverty history. Poverty and capitalism
are inextricably interlinked.
Division of Wealth
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The wealthiest 2% of the global population own at least 50% global riches.
2%of population receive very large wages.
98%of population receive very small wages.
REGARDING DATA REPRESENTATION ON THIS PAGE
The actual situation is massively worse than depicted. All data on this page is a
simplified artistic representation. The information ha been simplified because truth
is too difficult to represent or believe. The truth is that half of all adultsown
1% of global wealth; therefore regarding half the worldwide adult population, the
fraction for individual wealth ownershipis one two-billionth of 1%. This causes
problems because this fraction is too small to comprehend. People would not believe
half of adults worldwide each own this horrifically small 1% share of wealth. Combined
with each poor person owning one tiny percentage of 1%, the wealthiest 10% of adults
own 85% of all wealth, and the wealthiest 1% of adults own 40% of all wealth. Clearly
the majority of people are very poor compared a tiny minority of incredibly rich
people. By splitting the global wealth equally (50/50) between two groups (A and
B), and by using 98% and 2% to represent 98 and 2 people, this method hopefully puts
things into a clearer perspective. Imagine 50% of all adults (two billion people)
sharing 1% of global wealth! Now imagine the richer half of the adult population
sharing 99% of global wealth.
Statistics on this page relate to data gathered regarding the year 2000 published
in a UNU REPORT in 2006. The global wealth situation is always becoming worse because
the divide between rich and poor is continually growing. At the time of you reading
this, it is very likely half the adults in the world now own noticeably less than