The incredible
Issue 1 Reflect JFM 2017
III . Reflect
We live in a busy , happening world in which News 24x7 is a norm , whether they matter to us or not . In this section , we reflect on 3 news pieces on money , mind and media , from last quarter that are of relevance to parents .
Money
The incredible
Oxfam International published a report in January and the media was abuzz with the new finding . In 2016 , the wealth of only the 8 richest men was equivalent to that of about 3.8 billion poorest people . That is half the world ’ s population !
Microsoft Founder Bill Gates , Investor Warren Buffet , Facebook Founder Mark Zuckerberg , who are interestingly known for their philanthropic work , feature in the top 8 richest this year .
Anne Frank said , ‘ no one has ever become poor by giving .’ And many have found truth in it . This report makes us wonder if there also a truth in ‘ one can become the richest by giving ’?
Our first reaction to this , at Kaleidoscope , - ‘ that is incredible ’, especially considering that the number that was 62 in 2015 and 388 in 2010 has come down to just 8 . Either the rich are getting richer or the poor are getting poorer or both .
Many call this as an extreme inequality , a crisis that needs to be tackled urgently .
Some say this is an example of what human enterprise can aspire for and achieve .
What do you think ?
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