A new World Inequality Report has revealed that global wealth disparities have reached unprecedented levels, with fewer than 60,000 of the world’s richest people – the top 0.001% – now controlling three times more wealth than the poorest half of humanity combined.
The study, produced by more than 200 researchers, shows that the richest 10% possess nearly three-quarters of all global wealth, while the bottom 50% hold just 2%. Income distribution mirrors this imbalance: the top 10% earn more than the remaining 90% altogether, while the poorest half secure less than 10% of global income.
Researchers warn that this concentration of financial power leaves billions without access to basic economic stability.
The report also highlights persistent gender inequality, with women earning only about a quarter of global labour income, a figure largely unchanged since 1990. Education spending shows similarly stark divides, with Sub-Saharan Africa investing around $230 per school-age child, compared with $8,600 in Europe and more than $10,000 in North America and Oceania.
The authors argue that a 3% global tax on roughly 100,000 of the world’s wealthiest individuals could generate $750 billion annually—enough to match the education budgets of all low- and middle-income nations.
The report further finds that poorer countries are constrained by a financial system favouring wealthy nations, with about 1% of global GDP flowing from developing economies to richer states each year through debt payments, profit outflows, and other financial transfers—nearly triple the value of global development aid.
Image credit: Planet Volumes
So we have gender and race based cabals scrutinizing the in-equality.
Why is there no mention of the elephant in the room: jews holding the core of that ever increasing wealth?
You can find Jews anywhere, to blame for anything. Especially where success is concerned; they are over represented both in ‘wealth dynasties” and rocket science. Both in Marxism and libertarianism. Both in conventional monetary policy, and gold-standard Austrian economics. They never have a monopoly, just over-representation. Blaming Jews for anything where they are over-represented is the same kind of error as any race-based policy making. The focus should always be race-blind and mechanism-focused. Just as good policies to help the poor, help poor people of a certain race because they are poor, good policies to tackle intolerable amassing of wealth would work regardless of the race of the people involved. The problem there is actually with the structures of taxation on wealth AS it is EARNED. If someone is amassing wealth at an intolerable rate, the question needs to be asked is what is wrong with the structure of the tax system; what is it failing to tax? It is certainly succeeding in crushing ordinary decent people whose aspirations are to join the comfortable middle classes. Once the earnings are stashed away in havens and schemes and properties scattered all over the world, it is really too late to talk about grabbing some of it back. Political movements of the LEFT claim to be against inequality but they are grossly incompetent at devising policy that limits the income streams going to the top few; while being rabid occasion-seekers against ordinary decent people who are trying to make a much more reasonable living, often providing goods and services of fair value in genuinely competitive markets that limit wealth-gouging opportunities. Rather, the Left, especially the Green Left, are like the Baptists in the economic “Baptists and Bootleggers” paradigm, where their own do-gooding interference in human freedoms creates the distortions that cunning people game to financial advantage.
So Phil, lets talk about “mechanism-focused”.
Who is in charge to finance the “good policies to help the poor”?
Who is in charge and is dependent on ‘donations’ to tackle intolerable amassing of wealth”?
Where do you “find jews anywhere’?
Of course, they DO have “a monopoly BY [ ] over-representation”.
They have amassed global wealth since 280 years at least. You will own nothing and be happy [untillyou will be obsolete].
And “race-based policy making” is excatly their MO!
Divide and conquer.
I give you a thumbs-up: Indeed, the problem you identify is “the structures of taxation on wealth AS it is EARNED” because thej have put the political structures in place (by corruption and blackmail) to install usury by the central banks as the ‘normal’ structure to which we all have been ‘educated’ to: TAX. That system is the symbiotic parasite in the neck of all societies: politics by finance.
Appeasement by socialism.
I think we are not too different in our analysis, but the cause needs to be stated.
And yes, sadly, it seems to be too late to rectify that without revolution. Remember, revolution is the change of the elite (4th turning).
“Baptists and Bootleggers”…I postulate that this constructed division cannot serve as a fable here.
Surely you can’t mix up Baptists with usury.
But maybe we can settle on zionism being the golem here, devouring even good individuals in israel.
Jews are over represented not ” anywhere”, only in key positions of gvt, finance, law etc.
That enable them to take decisions to make them more ” successfull”
There always have been a collusion between WASP and jews, the only religions accepting usury