Dear MEL
Topic Readers,
Eight
billionaires 'as rich as world's poorest half'
The rich
and the poor. Among the factors that divide the world or society, such as
gender, race, belief, social class, education, Internet access, wealth is by no
means no less influential or substantial than others. And the gap between those
who have and don’t has been widening to the level that undermines the validity
of democracy.
The combined
wealth of the top eight richest people is worth more than the half of the world
wealth, and the top 1% of the world population has as much wealth as the rest
of the world combined, according to Oxfam, an international confederation of 18
NGOs whose aim is to reduce world poverty. Even if you aren’t one of the top 1%
elites, a net worth of $71,600 gets you into the top 10% group.
While the
life of the bottom half of the world population is improving gradually, the
wealth of the top group is increasing at a speed of sound. Distorted distribution
of wealth is surely creating economic inequality, isn’t it?
Enjoy
reading and thinking how you could use your mental wealth to help the poor.
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