Tuesday, December 05, 2006

2% own HALF the World's Wealth

In a report released today by the World Institute for Development Economics Research at the UN University, it stated that half of the world's wealth is in the hands of the wealthiest 2% of the adult population. Furthermore, the report states that the poorer second half of the world population owns less than 1% of the world's household wealth.

Is this just?

1 billion people in this world continue to live in extreme poverty, struggling to meet the basic needs for survival. When it is widely accepted that only a marginal redistribution of the world's wealth is needed to eradicate extreme poverty, and thereby give all individuals the most fundamental universal right, when will our consciousness awaken and be compelled to act?

I am very encouraged by the likes of Gates, Buffet, and Clinton; individuals who are surely nestled comfortably in the top 2% of the world's wealthiest (including the coveted #1 spot I might add). Their actions are reflective of a growing global philosophy that the world's privileged have a responsibility to the world's most desperate. I then ask you this: when will the governments of our nations follow suit?

As citizens of democratic societies we all have a voice, if in nothing else then our votes. If you are concerned about the growing disparity between our world's 'haves' and 'have-nots', call and write your government officials and voice your concern. Ask them why your government has not lived up to its commitment to contributing 0.7% of its GNP, as official development assistance to the world's poorest, as promised by all the world's rich nations. And most importantly, let them know that your vote is inextricably linked to your country's ability to reflect and represent your own values both domestically and on the world stage.

And finally, if you believe that something should be done to eradicate extreme poverty check out the Point Seven Campaign to 'put your money where your mouth is' and rally the Canadian government to do the right thing.

Tell your friends.

Tell your family.

Tell strangers.

This movement need voices. Add your voice to the momentum.

www.pointsevencampaign.org

2 comments:

Anonymous said...

nice :)
;))

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