This is an excellent, We post the documetry on Zeitgeist on our Facebook "Work for You" https://www.facebook.com/pages/Work-for-you/469843989735039?ref=tn_tnmn page the other night and this compliments it so well thanks
On Fri, Feb 1, 2013 at 7:15 AM, Michel Bauwens <[email protected]>wrote: > Profits of World's 100 Wealthiest Could End Poverty Four Times Over: Report > > January 24, 2013 By *Jon Queally* > > Jon Queally's ZSpace > Page<http://email.zsustainers.org/wf/click?upn=xrLDuKs9E-2FW2gJyS-2BCwKWwqejxOUzTFczw65YAHq4Gqk0PB-2BclWfzimLPI-2FzSD-2BHuHFtVewWjpirdPghkV577A-3D-3D_V-2FUUiW5KvBPNV-2FItFYsbuIFOqr58NacNTIV3-2FGcH-2BSC8iIClkYlMERlKQz1iNmB7jV4iFyL5XlTs38ZLkozK3MybuUe43KOemYenl62oUIy4PozK0jhmahfDEGAVMjlmbhSDq5ETj007VaQXvbi7KL1vz-2Fr3QKrC102RYS5whQ8-3D> > / > ZSpace<http://email.zsustainers.org/wf/click?upn=xrLDuKs9E-2FW2gJyS-2BCwKWwqejxOUzTFczw65YAHq4GrCDUxswLSep3PDl641KChV_V-2FUUiW5KvBPNV-2FItFYsbuIFOqr58NacNTIV3-2FGcH-2BSC8iIClkYlMERlKQz1iNmB7jV4iFyL5XlTs38ZLkozK3JBRzX1wGOTyfVsmJFPFVi8-2BpbXkJytWCbXRXfPFHPQGuaryOKYZ9aN-2FRdzxsEFUZ9gAc3pe4Xir6Dy40W6C04Q-3D> > > The profits of the world's one hundred most wealthy individuals last year > would be enough to wipe out world poverty, says a new report. And not just > once over, or twice over, but the vast amount of money that has flowed to > the top of the world's financial food chain would be enough to eradicate > the worst kind of poverty a full four times over. > > Such an explosion in extreme wealth and income inequality represented by > these numbers is exacerbating and hindering the world’s ability to tackle > poverty, > warns<http://email.zsustainers.org/wf/click?upn=xrLDuKs9E-2FW2gJyS-2BCwKW3VplGJ6Noj1a57ys4jUB0VBaOxrUnQwx5vodKxmiYBML-2B2AmMg2r82k6kakd8S4dG0AvcTN9h0wASjrq9wHTyfBwVgqSTuSQZjgnjn4MMoPSFK6eqLRGZhHoquIGlqPhfypCxkuIT5CumNrvsgS6QXp1NBRsZDwmM7GglOaQX6Z_V-2FUUiW5KvBPNV-2FItFYsbuIFOqr58NacNTIV3-2FGcH-2BSC8iIClkYlMERlKQz1iNmB7jV4iFyL5XlTs38ZLkozK3LqET-2FEkuG4IPn34Pn-2FkovS4WhQOaSR1-2BiQYkqqVQShqC9yUmSBQYI2dN-2FkSXq-2B-2FUTqxEo-2FO-2FSeZRBHUzdPZ2Kk-3D> > international > aid group Oxfam International in a new analysis published ahead of the > World Economic Forum starting in Davos this week. > > According to the report, ‘*The cost of inequality: how wealth and income > extremes hurt us > all*<http://email.zsustainers.org/wf/click?upn=xrLDuKs9E-2FW2gJyS-2BCwKWwZV1k6Mt54fhOCI8ib-2FF8NRyvZet-2B5EWZ9H9bFA4SHEIQ-2FIJjIlq0zaOYodCsc2otExl-2F1AHQIoONY9hObvrCr-2BELlXvXfzuzSUV9hDOfe3_V-2FUUiW5KvBPNV-2FItFYsbuIFOqr58NacNTIV3-2FGcH-2BSC8iIClkYlMERlKQz1iNmB7jV4iFyL5XlTs38ZLkozK3AcvY9xL72OPm-2BMRvV-2BlspWkgILcK3ba3py9kbpGQXbJnJ2Pso7O-2FWdnROIOtDH5OJjEJklYPhGRdvtvl8QzLQ4-3D>,’ > the $240 billion net income in 2012 of the richest 100 billionaires would > be enough to eliminate extreme poverty four times over. In releasing the > report, Oxfam is calling on world leaders to curb today’s income extremes > and commit to bringing back inequality levels to at least those experienced > in the early 1990's. > > “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," said Jeremy Hobbs, Oxfam's > executive director. > > “We can no longer pretend that the creation of wealth for a few will > inevitably benefit the many – too often the reverse is true," he said. “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.” > > In addition, Barbara Stocking, Oxfam's chief executive, > says<http://email.zsustainers.org/wf/click?upn=xrLDuKs9E-2FW2gJyS-2BCwKWyuntSBdLfiPWyr5HmcUhcuemhuPAnjmCLOqjuWWMO-2Bola3WhJGNmh4ccj87xQaQfZPGZkPEbGnuwWO8Eg2VwMPhGSlcRayBID1sG1n7gkS-2B_V-2FUUiW5KvBPNV-2FItFYsbuIFOqr58NacNTIV3-2FGcH-2BSC8iIClkYlMERlKQz1iNmB7jV4iFyL5XlTs38ZLkozK3MfSMAiBEoElWDdJXaVAXTYdrh2Sowl7F9sy-2FuLJaGjqcQ7DIsZp6tHYabfvkXTi6x9videu6jU-2FtIg2Soo7lKI-3D> > the > world's extremity of wealth inequality is "economically inefficient, > politically corrosive, socially divisive and environmentally destructive". > > Oxfam is calling for a 'new global deal' which would stabilize the world's > economic systems and bring equality back in way that would benefit all > humanity. > > “From tax havens to weak employment laws, the richest benefit from a > global economic system which is rigged in their favour. It is time our > leaders reformed the system so that it works in the interests of the whole > of humanity rather than a global elite.” > > The group estimates that closing tax havens – which hold as much as $32 > trillion or a third of all global wealth – could yield an additional $189bn > in additional tax revenues. In addition to a tax haven crackdown, elements > of the "global new deal" Oxfam envisions would include: > > - a reversal of the trend towards more regressive forms of taxation; > - a global minimum corporation tax rate; > - measures to boost wages compared with returns available to capital; > - increased investment in free public services and safety nets. > > According<http://email.zsustainers.org/wf/click?upn=xrLDuKs9E-2FW2gJyS-2BCwKW40wpP5YbqonCkAJO7fHGAKkLOCSVtipvXpFi60mEiQXEyqs6Y4IX0vLf0xu28jhBE1GID6EPacACATXAJzVng4-3D_V-2FUUiW5KvBPNV-2FItFYsbuIFOqr58NacNTIV3-2FGcH-2BSC8iIClkYlMERlKQz1iNmB7jV4iFyL5XlTs38ZLkozK3FIdExEMQ7H7nsQqvbmT75CUbzBfclLwjN2FO5HjopQNTdFUROK6TPJ0-2B8ThYMOuDn6ZM2fumYImjxEjAqjkPDg-3D> > to *Al-Jazeera*: > > The group says that the world's richest one percent have seen their income > increase by 60 percent in the last 20 years, with the latest world > financial crisis only serving to hasten, rather than hinder, the process. > > "We sometimes talk about the 'have-nots' and the 'haves' - well, we're > talking about the 'have-lots'. [...] We're anti-poverty agency. We focus on > poverty, we work with the poorest people around the world. You don't > normally hear us talking about wealth. But it's gotten so out of control > between rich and poor that one of the obstacles to solving extreme poverty > is now extreme wealth," Ben Phillips, a campaign director at Oxfam, told Al > Jazeera. > ------------------------------ > > *From:* Z Net - The Spirit Of Resistance > Lives<http://email.zsustainers.org/wf/click?upn=xrLDuKs9E-2FW2gJyS-2BCwKWwqejxOUzTFczw65YAHq4GpH-2FNw1Z5juZZPvNJxNZTHJ_V-2FUUiW5KvBPNV-2FItFYsbuIFOqr58NacNTIV3-2FGcH-2BSC8iIClkYlMERlKQz1iNmB7jV4iFyL5XlTs38ZLkozK3ONzdXz0XwYbZdcWKnDzF0X1KTTlJ-2ByFZUhe8TRYP6cP3LE06BY-2BRVb2ko-2Fkv3RfOBR5iaXvSzSmHnbJwRuWP2s-3D> > *URL:* *MailScanner has detected a possible fraud attempt from > "email.zsustainers.org" claiming to > be*http://www.zcommunications.org/profits-of-worlds-100-wealthiest-could-end-poverty-four-times-over-report-by-jon-queally<http://email.zsustainers.org/wf/click?upn=xrLDuKs9E-2FW2gJyS-2BCwKWwqejxOUzTFczw65YAHq4Gp3LSPTYgVcL3rQ9XT6EbkujSkT2f892fawWaO0cKP-2B855QCcWbD48cy7TprIUxnSwbJ-2FL1jXojJFkB4p1NvusR6YwHuKRkdZl0TXHcP6tUppD8nOqlcpHQHrYQMAQKn-2Bg-3D_V-2FUUiW5KvBPNV-2FItFYsbuIFOqr58NacNTIV3-2FGcH-2BSC8iIClkYlMERlKQz1iNmB7jV4iFyL5XlTs38ZLkozK3ArkQS2vIBD2tIuXLa55xAAKyN8Icij4gT5U-2BIOFbA0zXM6thZsdMbFsGWpbym82FvaxeOp-2FIDq2nrEf3k8lIm4-3D> > > _______________________________________________ > P2P Foundation - Mailing list > http://www.p2pfoundation.net > https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation > >
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