“The rich get richer, and the poor get poorer,” is an ancient maxim that dates back thousands of years. In our era, we must add: “And wild nature gets trampled.”
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A recently cleared area inside PT Damai Agro Sejahtera concession oil palm concession, part of the Bumitama group, in Muara Kayong hamlet, Nanga Tayap sub-district, Ketapang Regency, West Kalimantan.
At the end of 2018, Credit Suisse published its updated report on global wealth. Forty-two-million millionaires and billionaires comprise the richest 0.5% of the world’s population. That translates to 0.8% of adults in the report, possessing 44.8% of the world’s economic wealth. A decade ago, researchers commonly reported that the wealthy 15% of humanity owned 85% of the resources. Today, 6.2% (9.5% of adults) now claim 85% of the wealth. The rich got richer.
The super-elites, the 2,208 billionaires — those who attend Global Economic Summits, own banks, buy off governments, pollute with impunity, and hold political influence in virtually every nation in the world — comprise not the “1%” but only 28-millionths of […]
Excellent commentary, Stephan. I urge you and the readers here to view this US doc below. Burned: Are Trees the New Coal?
https://www.linktv.org/shows/burned-are-trees-the-new-coal/episodes/burned-are-trees-the-new-coal