FOAB Information

Tuesday 17 October 2023

Today Is...International Day for Eradication of Poverty

According to the charity Oxfam, the Worlds top 100 richest people earn enough money, $240 billion, to end world poverty four times over.
'It's gotten so out of control between rich and poor that one of the obstacles to solving extreme poverty is now extreme wealth' said Ben Phillips, a campaign director at Oxfam.
'We can no longer pretend that the creation of wealth for a few will inevitably benefit the many. Concentration of resources in the hands of the top one per cent depresses economic activity and makes life harder for everyone else – particularly those at the bottom of the economic ladder. In a world where even basic resources such as land and water are increasingly scarce, we cannot afford to concentrate assets in the hands of a few and leave the many to struggle over what’s left'.
According to UNICEF, 22,000 children die each day due to poverty and 2.7 billion live on less than $2 a day which the The World Bank defines as the poverty line.
Maybe we should ask the third of the starving population how the Capitalism system is working out for them because for 100 people, it's brilliant.
What is brilliant is if you are flogging weapons as the top five military giants accounted for 62% of the total global expenditure with the United States once again topping the league, then China and India, Russia and Saudi Arabia's making the top five spenders of over £2 trillion.
The World Bank put the percentage of people living in Poverty around the World at 23% with 15% in America, 7% in China, 68% in India, 14% in Russia and 20% in Saudi Arabia so for the £2 trillion spent, if you asked them if they wanted the obscene money spent on weapons or spent improving their lot, you might get a different answer.
One of the best speeches was made by American President Dwight Eisenhower who said: 'Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed', okay, so he went on to threatened to nuke China and spent billions on nuclear tests while helping with the dropping of napalm on the Vietnamese so he was all mouth and trousers but the thought was there.

2 comments:

  1. I reckon you have had too much coffee. Very erratic use of capital letters here also or did you find some additional quota that you didn’t use up over the past few decades for some of the comments?

    ReplyDelete
  2. Ouch. Did i hit a nerve bringing up your poor grammar skills or rather your attempt to 'hide' your poor grammar skills? Nothing to be ashamed of, there are plenty of other people who do exactly the same thing.

    ReplyDelete