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The Daily Sceptic

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offsite link Oxford Students ?Mocked the Assassination of Charlie Kirk on WhatsApp and Tried to Silence Anyone Wh... Sat Sep 20, 2025 13:00 | Will Jones
Students with links to Oxford University?have mocked the assassination of?Charlie Kirk on WhatsApp?and tried to silence others who did not agree, it's been reported, with many explicitly endorsing political violence.
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offsite link ?Britain Can?t Deport Me?: Calais Migrants Vow to Keep Crossing Channel Sat Sep 20, 2025 11:00 | Will Jones
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offsite link Sun and Cosmic Rays Drive Climate, Not CO2, Says Astrophysicist Sat Sep 20, 2025 09:00 | Hannes Sarv
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offsite link The ?Far Left? Finally Gets Its Comeuppance Sat Sep 20, 2025 07:00 | James Alexander
For years the Left has smeared its opponents as 'far Right'. Now, the spike in Leftist political violence has led to a turning of the tables. What's sauce for the goose is sauce for the Guardian, says Prof James Alexander.
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Voltaire Network
Voltaire, international edition

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offsite link Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

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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 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.

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.

 
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