Inequality in wealth distribution, and its related cousins
causes the main problems in the world today. Poverty, crime,
drugs prostitution and trafficking in women are all the
consequences. The world will never be free of problems as long
there is inequality of wealth distribution. The Capitalist
countries always argue that meritocracy and status leveling is a
necessity for society to function, but the fact that it benefits
only certain individuals much to the disadvantage of others does
not go hand in hand with a harmonious society.But the harm unequal
societies cause are orders of magnitudes greater than any claimed
benefits such as progress, technological developments and financial
returns.
They put forth a theory that is remenisiscent of nature's food
chain, but what they do not realise is in the natural world,
everything is free and taken from one another. In this way,
resources for survival are passed around , rather than concentrated
in one place. The western nation has long embraced this fact
and introduced the concept of tax. Law and order go in hand with
equal wealth distribution in society, and so do the concepts of
democracy and the free world.In the 19th and 20th Centuries, rich
nations agreed that a balance should be struck between
corporations, governments and societies and this is being done
through the tax concept.
The poor and uneducated , or the handicapped have little means
of survival and depend on the higher class of the population to
better the world. This is the order of nature and it should not be
refused or ignored. The balance of the world lies in this nature.
While the educated and wealthy have no obligation to care about the
poor, they are indirectly affected by the inequality in society.
Their sons and daughters get kidnapped for ransom by people seeking
this wealth for the betterment of themselves. people start wars and
scams and society becomes unsafe. Any attempt to control this will
result in more rebellion from the lower class. It is in the human
to get the best for oneself, though at least have one living
comfortably within means.
The inequality of wealth distribution is a blind spot in
international economics and in our understanding of the world.
The fight against an unequal society is one of the great
challenges of our age. Our approach challenges basic tenets of
traditional economic theory and opens new fields of analysis on a
diverse array of important issues such as foreign aid, capital
flight, corruption, climate change, corporate responsibility,
political governance, hedge funds, inequality, morality – and much
more
Globalisation and international trade and finance have got a bad
name of late. Each brings opportunities, and risks. We must now
start to address seriously what may be the biggest risk of all: tax
abuse, and tax havens and everything they stand for.