Wealth distribution

Universal Science Forum, Gaia Community

YouTube video on distributions

Hi FOS,

Yeah – interesting video.

One statistic that is interesting that it doesn’t give, is that if you rank every individual on the planet by wealth (as measured in $), then the top 56 have as much as the bottom half of all humanity.

And yes, the top 1% has as much money as the rest.
I am in that 1% (just).

And I am clear that it is a relatively simple exercise to create systems that deliver to every individual on earth, all of the goods and services that I have access to and use. And I am also clear, that no monetary system, in and of its own internal incentive sets, can ever deliver such an outcome.

So using money as a measure of value is a very limiting and dangerous concept.

Thinking in terms of the energy, and the goods and services that automated systems using such energy can deliver, is a much more powerful way to think about such things.

Money demands poverty for some to deliver value to others – and that is a very complex set of multidimensional functions, and it is a demonstrable reality.

I am clear, beyond any shadow of reasonable doubt, that the concept of exchange values, market values, has reached the end of its social utility. It now poses far more threat than it delivers security, even for those 56 at the very top of the heap – even if they cannot as yet see that for themselves.

About Ted Howard NZ

Seems like I might be a cancer survivor. Thinking about the systemic incentives within the world we find ourselves in, and how we might adjust them to provide an environment that supports everyone (no exceptions) - see www.tedhowardnz.com/money
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