Wealth Inequality
The wealthiest 1% have more money than the rest of the world’s population
Inequality problem had become so bad that the richest 8 people have more wealth than the poorest half of the human population (3.6 Billion).
Rich countries give money to poor countries as a way to help them. every year rich countries give poor countries about 130 billion dollar, that's a big number. However, they get much more than they give, multinational companies use tricks to evade taxes that affects poor countries
Not only it does lead to social dislocation.However, it leads to lower growth rates. economic rationalists argue that it's better to get as much wealth into the hands of the so-called "wealth creators" as possible.
The rich gets richer but the poor don't
People should stop acting greedy and start helping poor people to fix this problem
I always wonder what are they going to do with all of that money, meanwhile there are people in africa that can't have normal life
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Great post, I have a similar post showing how the ultra wealthy live you might want to check out. It's important that this is brought into the light from time to time so people realize that this is going on. Capitalism is a double edged sword, it defiantly has its share of pros and cons. They would have to enforce some sort of wealth cap to see any major changes in the near future. Great post @ahmedhani !
Nice, it's self explanatory
Very nice post.
That's why I support decentralized cryptocurrency and only proof of work.
Please check my posts about cryptocurrency.
sure
its a serious issue
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STOPThis post has received a 14.63 % upvote from @lovejuice thanks to: @ahmedhani. They have officially sprayed their dank amps all over your post rewards. GOOD TIMES! Vote for Aggroed!
There are many problems in Africa so one thing will not fix them all. But the biggest thing in Africa is a LACK of capitalism. That is why people are so poor. Socialism, Communism, dictatorships who steal the money and resources for themselves. What Africa needs is stable governments.
https://fee.org/articles/africa-is-getting-richer-thanks-to-capitalism/
exactly and us the normal people can't do anything against that