The Devastating Unequal Distribution of Wealth

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Beyond abstract indicators that confirm that those who have more, increasing accumulate wealth, while the poorest seem doomed to never migrate out of this condition, the consequences ofthis dynamic eventually permeate the daily life of millions of people.Apparently, there is a model, which currently governs the finance and markets, designed to dilute any possibility of transforming as suggested by the tens of failed revolutions, philanthropic oriented systems lighten the consequences but not to change the bases, etc (Hoch, and Sumaria Mohan-Neill, p. 31). The study of Oxfam indicates that, despite multiple complaints about campaigns and seen little or no effect in determining the current reality, levels of inequality have grown in the last twenty years (Saez, Emmanuel, and Gabriel Zucman, p. 2014). According to Oxfam, with only a quarter of the official fortunes accumulated by the hundred richest men on the planet, about 240 billion dollars, enough to lift out of poverty the world’s population living in these conditions. According to a UN report, published in 2005, in countries like the United States, 1% of the most affluent population, control over resources that 95% of disadvantaged people (while, according to recently learned,in Mexico, 1.2% have 43% of wealth) (Fredriksen, p.929). Economically inefficient, politically corrosive, socially divisive and environmentally destructive. We cannot continue to pretend that creating wealth for a few inevitably end up benefiting the many -of doing the opposite usually happens An interesting factor, the huge sums of money that the wealthy kept outside the official margin suggests that in fact, the numbers are much cruder.