Excess
Today we often associate greed with big corporations and business execs with yearly bonuses greater than many people earn in a lifetime. According to research, the top 1% of Americans account for 43% of financial wealth and the bottom 80% account for only 7% of financial wealth. On a larger scale, 1% of the population controls about 40% of the world’s net worth. The bottom 50% of the entire world’s population accounts for only 1.1% of the total global wealth.
These extremes do demonstrate just how imbalanced things are. Presented with finite resources, finite wealth and growing population, it doesn’t make sense that our advanced 21st century civilization would even consider such conditions, much less tolerate them.
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