Warren AntaoJun 10, 2022Why is the poor getting poorer and why is the rich getting richer?
Capitalism is the only reason
In the early 1900 s there were only 12 to 20 billionaires ,
Now the count has reached 4000+ billionaires world wide officially and unofficially .
Capitalism has become agenda of every country and encouraging more and more capitalists
In the last 2 decades billionaires grew their wealth by 10× .
Government is no more pursuing into business and selling to capitalists
Government with the help of capitalists increasing the prices of necessities and looting the general public and that is mostly poor .
Just inagine our pooulation in 7 billion
And we all are controlled by 4000 people
Less than 0.01 % controlling the remaining 99.9 % .
Every one is getting richer day by day but money is losing its value by inflation . Inflation is the killer .
If not inflation , govt wants to collect more taxes on necessities and get rich at people's cost .
World is 99% poor and 1 % rich.
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