Btecky
January 19, 2025 at 09:53 AM
Don't be surprised if you see Income is getting higher of Richest. Why? Because you don't know you are a part of this ecosystem. As long as you are participant you do see this. 1. The income disparity between the average Englishman and the average Indian was 10 times when the British left India. Now it is 20 times, with the average Indian becoming poorer since independence. 2. The concentration of wealth and income has been increasing globally, with the top 1% owning around 40% of the world's wealth and the bottom 50% owning only 2%. 3. In India, the average CEO salary is about 160 times the average employee salary, with the entry-level employees seeing only about 4% increase in their salaries. 4. This trend of increasing income and wealth inequality is seen globally across countries and within organizations. 5. This disparity is more pronounced in poorer countries compared to richer countries. 6. The two richest people in the world have more wealth than the GDP of Spain and Australia combined. 7. Climate change is driven by the concentrated wealth and consumption patterns of the rich, not the poor who have a much lower carbon footprint. 8. Corporate social responsibility is often used as a facade, with the actual wealth and profits being concentrated among the owners and shareholders. 9. The media and policy narratives are controlled by the wealthy to serve their interests and prevent meaningful change. 10. Developing self-knowledge and transcending narrow self-interest is key to addressing these systemic issues, rather than just relying on formal education.
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