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Showing posts from January 26, 2016

ABOLITION OF EXTREMES OF WEALTH AND POVERTY

The world has become a much more unequal place to live and there are no justice and unity. So,this is it…the richest one percent of the world’s population now own more than the rest of us combined, according to a report released by an aid group called Oxfam, last week. This increase in gap between rich and poor has created a world where 62 people own as much wealth as the poorest half of the world’s population, some 3.5 billion people - as the super-rich have grown richer and the poor poorer. The world has become a much more unequal place to live and there are no justice and unity.  Guess what, of the 62 people said to hold as much wealth as the poorest 50 percent, according to Oxfam report, 53 are men and just nine are female, highlighting that women are ill-represented even at the highest levels. It is sad that in the 21st century, a relatively small percentage of humankind has immense wealth, while the majority of the world's population lives in dire poverty and misery.