The Few Get More

The Few Get More

Speculations by Stefan Stenudd


The rich ones keep on grabbing more of the world's wealth. One percent of the world population owns 39% of its wealth. Greed is insatiable.



       The Boston Consulting Group reveals this and other injustices when they present the 2010 global wealth figures. The millionaire households are 0.9% of all, but they own 39%. In 2009 the figure was 37%, so their share increases rapidly.

       The total global wealth is estimated at USD 121.8 trillion, a 9 trillion gain since 2009. The figure is so high that it makes little sense. What does it mean to us in our everyday lives?

       Well, the world population is 6.9 billion, making the global wealth equal USD 17,650 for each person – but that's surely not how it's distributed.

       The richest 0.9% share 47.5 trillion, giving them the mean fortune of USD 765,000 each, while the rest has to settle for USD 11,000 each. Actually, most of the latter have much less and some of them significantly more. The world is far from just, especially when it comes to money.

       It has to change. Injustice starts fires. It's not realistic to hope for the wealthy to give up their fortunes, but it would be nice with a world economy where they were at least hindered from increasing them at the cost of everybody else – especially the most needy.

       That's the bottom line, ever since the days of Jesus. The rich are reluctant to share their wealth, or even to halt its growth. It's the poor that pay for the poor. You don't have to be an economist to figure out that this will not work.

Stefan Stenudd
June 9, 2011




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My Books


Click the header to get to the webpage where I present all my books in English. Click an image below to go to that book's page on Amazon.

Ever Young. Novel by Stefan Stenudd. Sunday Brunch with the World Maker. Novel by Stefan Stenudd. All's End. Science fiction novel by Stefan Stenudd.
Tao Te Ching - The Taoism of Lao Tzu Explained. Book by Stefan Stenudd. Tao Quotes - The Ancient Wisdom of the Tao Te Ching by Lao Tzu. Book by Stefan Stenudd. Cosmos of the Ancients. Book by Stefan Stenudd.
Aikido Principles. Book by Stefan Stenudd. Attacks in Aikido. Book by Stefan Stenudd. Aikibatto. Book by Stefan Stenudd.
Occasionally I Contemplate Murder. Book by Stefan Stenudd. QI - increase your life energy. Book by Stefan Stenudd. Life Energy Encyclopedia. Book by Stefan Stenudd.
Tarot Unfolded. Book by Stefan Stenudd. Your Health in Your Horoscope. Book by Stefan Stenudd.




About me
I'm a Swedish author of fiction and non-fiction books in both Swedish and English. I'm also an artist, an historian of ideas and a 7 dan Aikikai Shihan aikido instructor. Click the header to read my full bio.