!Imbalance in the distribution of wealth

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Avatar for jinajiojio
2 years ago

billion people are divided into two distinct parts. One part is the one whose 96

wealth is innumerable and it is increasing with each passing day. The other

part is the one who has to work like a machine to eat twice and time At the

same time, their difficulties are getting worse. The unjust distribution of

wealth in the world has created many problems. Either it has come to the fore

in the form of revolution or it has led to civil war. Due to the economic

structure in most of the countries of the world, the rich are getting richer and

the non-rich are becoming more miserable. There are many such people in

the world. There are also those whose wealth is more than the combined GDP

of many countries. GDP is the gross domestic product of any country. The list

of the 400 richest people in the world, published in the American magazine

Forbes, states that these 400 people with billions of dollars in assets could buy

anything in the world.

Bill Gates, the founder of Microsoft, has a net worth of 130 130 billion, which

is more than the gross domestic product of 137 countries. These countries

include Sri Lanka, Kenya, Oman, Myanmar, Costa Rica, Bahrain and Nepal. US

investor Warren Buffett has a net worth of 120 120 billion, more than double

Syria's gross domestic product and three times that of Nepal. The net worth of

billion, 5 )1: .Mackenzie Scott, the ex-wife of Amazon owner Jeff Bezos, is 58

more than double Yemen's gross domestic product. More worrying for the

world economy is that a new generation of these rich people is also

expanding their businesses. The children of Wal-Mart founder Sam Walt Jim

and Ellis Vault have a combined net worth of 4 144 billion, more than the

gross domestic product of 137 countries. Ellis Walt's net worth is equal to

Myanmar's GDP, while Jim Walt's net worth is even higher than the Central

American country of Costa Rica. Michael Bloomberg, a former mayor of New

York City, owns 70 70 billion in net worth, equivalent to Panama's gross

domestic product.

There is also a country in Central America that invites the richest people from

all over the world to buy private islands. The name of this country is Blaze and

the government here allows anyone to buy a part of our country and make it

their property where they can keep their own army and at least government

intervention in these areas. Is. It may be a convenience or a hobby for the

rich, but it is a moment of reflection for other people living in the world that

any rich person can buy an island and influence the people living there.

Where there is wealth, there is power. The Dominican Republic is a prime

example, with an average salary of 300 300 a month and politicians earning

a month, largely due to kickbacks from anonymous companies and 13,000 A),

government contracts, but to date not a single politician has been arrested for

corruption. Not done because of this Due to the unfair economic system, rich

people invest their money in various schemes which increases their wealth and

thus widens the gap between rich and poor.

Economic imbalances are also promoted due to corruption.

Because the capitalist system uses its influence to gain a lot of concessions

from the capitalists and to stop the flow of money so that it cannot be

transferred to the lower classes. Inequitable distribution of wealth does not

mean that it is wrong to make money, but the richer the people in a country,

the better off their economic situation will be, but care must be taken to

ensure that resources and wealth Justice should be exercised in the

distribution of China has also lifted a large portion of its population out of

poverty by balancing the distribution of economic resources.

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Comments

i think Global imbalances refers to the situation where some countries have more assets than the other countries. In my theory

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2 years ago

Yes, you are right to some extent but also facilities for the rich and less facilities for the poor.There could be a reason

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2 years ago

The richest 10% of the global population currently take home 52% of the income. The poorest half of the global population? Well they earn just 8%. this is so unfair

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