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View Diary: 100 richest people could end extreme poverty in the world right now (141 comments)

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  •  Fair enough, but the fact is these 100 people (17+ / 0-)

    hold on to, or have captured, so much of the world's wealth that good nations could be using to help fight poverty in many cases.

    Democracies work best when their tax systems work to assure an even redistribution of their collective wealth back into their economies.

    That's not socialism or any other kind of 'ism', it's good business for all. And that can raise countless out of poverty.

    The idea is to prevent the greedy few from controlling so much. That's how you combat poverty. At least in fair functioning governments.

    Physics is bulls**t. Don't let them fool you. Fire IS magic.

    by Pescadero Bill on Sun Jan 20, 2013 at 09:51:52 AM PST

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    •  So true (1+ / 0-)
      Recommended by:
      elwior

      Pescadero Bill, excellent point that has been so forgotten in what we laughly call our democracy.  The problem that what so many of us see is whole families taking control of our country.  Families like the Waltons who own Walmart, families like the Koch Brothers and others.  And then once they have more than enough money they start buying and controlling everything within a country.  And it isn't just families it is the CEOs making millions of dollars and treating workers with distain.  

      We will continue to see more and more going into poverty at the rate we are going and it is heartbreaking especially since the very people we look to, to help create the balance we need, are bought off by the very people who need to be brought under control.  

      "During times of universal deceit, telling the truth becomes a revolution­ary act. " George Orwell

      by zaka1 on Sun Jan 20, 2013 at 08:15:31 PM PST

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