The Cause
Our world is staggering on the foundations of an age-old economic story. A story in which we find it normal that the super rich are getting richer, without a limit.
Why do we take it for granted that the individual wealth of the super rich can continue to grow indefinitely?
Why do we accept that someone who works every day has to pay tax on his salary, while a super-rich can have such extreme assets that this capital can yield tens or hundreds of millions every year?
Is that a law of nature?
No. It is an age-old economic story in which we have come to believe.
In our current economy, money always flows to the same place:
to a very small group of the super-rich.
That money comes from:
- people who work
- entire neighborhoods and communities
- even entire countries
And once the money reaches the super-rich, it almost never comes back.
It’s long been said that if the rich get richer, everyone benefits.
But that’s wrong. It doesn’t work that way.
That idea has proven to be wrong.
And now we know that.
The actual state of the economy is shown below.
Figure – The alarming situation in the world: the economy where all our money flows to a small group of super rich.
The Consequences
When money keeps going to the super-rich, it’s detrimental.
- Politics becomes dependent on money and power.
- The economy becomes unstable and uncertain.
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Poverty among working people is increasing.
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Environmental measures cannot be funded.
This doesn’t happen by chance.
It’s the result of a system that allows money to accumulate in the hands of a few, instead of circulating it to everyone.
The Core Problem
The fact that a large portion of the money is in the hands of a few people is no coincidence. It’s inherent in our current economic system.
An economy that works this way cannot be fair.
It cannot remain strong.
And it cannot be truly democratic.