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offsite link North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

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offsite link Starmer to Count Rural Broadband as Defence Spending to Get Round NATO Rules Tue Jun 17, 2025 13:25 | Will Jones
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offsite link Trump Demands ?Nothing Less than Complete Surrender? and Vows a ?Real End? to Iran?s Nuclear Program... Tue Jun 17, 2025 11:14 | Will Jones
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offsite link Why is the Civil Service Muslim Network Allowed to Shape Government Policy? Tue Jun 17, 2025 09:00 | David Shipley
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The post Why is the Civil Service Muslim Network Allowed to Shape Government Policy? appeared first on The Daily Sceptic.

offsite link The Link Between Asylum Seekers and New Rape Gang Cases Will Fuel Public Anger Tue Jun 17, 2025 07:00 | Laurie Wastell
A significant proportion of live rape gang cases involve asylum seekers and non-UK nationals. This bombshell finding of the Casey report piles outrage upon outrage and will fuel public anger, says Laurie Wastell.
The post The Link Between Asylum Seekers and New Rape Gang Cases Will Fuel Public Anger appeared first on The Daily Sceptic.

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Voltaire Network
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Poverty in Abundance

category international | anti-capitalism | opinion/analysis author Monday January 22, 2007 23:03author by Cian P - SY & SPauthor email info at socialistparty dot netauthor address Across the islandauthor phone 086-8064801 Report this post to the editors

Article will be in new edition of the Socialist

“A rising tide lifts all boats” – and drowns those of us who can’t afford one! That seems to be the finding of a number of recent reports on poverty and inequality, as the world becomes more unequal than ever.
Rich Get Rich - Poor Get Poorer
Rich Get Rich - Poor Get Poorer

With a billion people earning less than $1 dollar a day it’s no surprise that the total wealth of 50% of the world’s adult population amounts to only 1.1% of the world’s wealth. At the same time the richest 500 bosses own 1.7% of it!

So whilst 1 billion people go without clean water, the super rich buy Cartier designer deodorants at $30,000 a pop. Apparently even they can’t stand the stench of their greed!

What makes these statistics more amazing is that they come from reports controlled by the super rich themselves – none other than Forbes magazine and the UN.

Inequality is at such a level that the super rich can no longer close there eyes to it. Instead now they peddle the idea that “going in the right direction” - just too slowly.

In fact, capitalism (even at time of economic growth) is causing increased inequality and poverty. For example, wages in Bangladesh have halved (in real terms) in the last 10 years

But don’t be fooled – this is neither natural nor inevitable. The resources and technology are there to meet the needs of everyone but in the hands of the super rich these will only be used to maximise profits at our expense.

Only by wiping out capitalism can we wipe out poverty.

-----

Get your copy of the socialist, the paper of the socialist party, and read more articles on this issue and others.

Related Link: http://www.SocialistParty.net
author by guydebordisdeadpublication date Mon Jan 22, 2007 23:33author address author phone Report this post to the editors

At two hundred words passing this off as an article would be chancing your arm.

author by Peterpublication date Tue Jan 23, 2007 14:46author address author phone Report this post to the editors

I wasn't aware that there was a required limit on the number of words.

 
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