We can’t celebrate rich when so many are poor

Roy Hudd, comedian, Judy Finnigan TV presenter/columnist, Christian Lacroix, fashion designer, Pierce Brosnan actor, Olga Korbut, former gymnast, Hazel O’Connor, singer and actress, Debra Winger, actress, Janet Jackson, soul singer, Gabriela Sabatini, former tennis player, Spelling, actress, The pylons look like they are marching across the moors in this photo of Baitings Dam at Ripponden taken by Matt Allen WHY is it that the world’s poor always get poorer in real terms?

We hear year-in, year-out, that around four billion human beings are coming out of poverty and we are told now that they are living on a mere US$2.5 dollars a day from US$2 a day.

But with inflation they are actually going backwards constantly.

What is really causing this to constantly happen to nearly 60% of the world’s population?

Well, when you delve into the why, it appears to be that the system is highly rigged against them.

International loans are relatively easy to get, but the conditions placed upon them is so strict in economic terms for the countries that the poor inhabit, they are literally impoverished year-on-year and are never allowed to build their economies in any meaningful way.

In this respect, a few years ago one of my co-directors, who had been a very senior UN executive for many years and international co-ordinator of the former UN’s S-G told me that the World Bank and IMF had failed the world’s poor, but the system would not allow it to be changed.

Consequently, even though the UN knows this fact they are not allowed to change the system and nearly six out of 10 people will in reality again stay in poverty indefinitely.

The main stumbling blocks appear to be the major banks and those that control them and who, by doing what they do, perpetuate global poverty.

It is therefore in my mind not something to celebrate that the UK has increased its number of billionaires when so many suffer at the direct hands of the system.

For the present economic global system produces great wealth for the very few and poverty for the many continually, either directly or indirectly.

That is even though a lot of people still believe in the ‘trickle down’ theory that is more akin in my mind to a fairy story than the real world.

Even this ill-founded belief is pedalled in all advanced western nations also, including the UK of course.

The system is therefore broken if truth be told, but those in control appear to like it that way. I wonder why?