Wealth Pyramid

Sometime around the spring of 1999, I stepped into my first day of a class that would change my life forever. It was African-American politics at William Paterson U, and in walked a polite and mild mannered man who would later become one of my most valued friends and mentors.

In my fuzzy memory, the first thing Yemane did, after telling us his name, was to draw a pyramid on the board. He divided that pyramid, a tiny line near the narrow top, which he labelled — 80% of the world’s wealth. Then he circled the rest of the pyramid, pointing especially to the large bottom part — 20% of the world’s wealth.

Actually I think it was more dramatic than that… Yemane was (and is) excellent at breaking down the world around us. From that point on politics, understanding who gets what, why, and how, became an obsession.

This week I see a familiar statistic… the global concentration of wealth report reveals that in the last 5 years… that pyramid has gotten worse. The people at the top, the small group, have gotten richer than ever before. And the rest of the people in that pyramid, the majority of people in our world, have gotten poorer.

The updated and more accurate statistic from the report is as follows:

  • 0.7% of world’s population control more than 1/3 of the world’s wealth.
  • Where? Half of that group are in North America, while 1/4 are in Europe.

I’ve always believed that this statistic is one of the best places to start if you want to pick apart what is wrong with the world. If you want to spark people’s concern and interest in figuring out why this has happened and the tremendous price humans pay because of this mind boggling inequality.

Later this week I’ll have a podcast on this topic, with guests. So stay tuned.

bmtv52 Robbing the Poor to Feed the Rich

This brief entry was roughly recorded during my day in Quarteira, Algarve. As I walked through a famous street market, where indeed lots of bootleg merch is sold, all of a sudden dozens of police run in, many in full riot gear brandishing shotguns and automatic weapons. It was an string operation against the poorest segment of the population… gypsy street merchants. Their goal was to find all merchandise with brand names, confiscate it and punish the vender. Several officers wore ski masks to not be recognized. All in all, further proof of the fascist tendencies that have returned to a nation like Portugal, in this case not under the guise of anti-terrorism, but the dreaded “anti-piracy” which allegedly is destroying the obscenely wealthy corprorations of the world. This.. is robbing the poor to feed the rich.

ps- To the so-called police officer who came up to me and in a threatening manner said I could not film: Smile asshole, you and your gung ho colleagues are on the internets.

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bm206 Debt Relief Lies and the G8

They call it debt relief, but it is not as simple as it sounds. As the elite club of G8 nations meets and the people protest outside, more plans are being laid out to squeeze developing nations in ways that are rarely reported about in the mainstream. My guest on this podcast is Ceri Dingle of Worldwrite, an education charity that challenges stereotypes and lies on issues like debt relief.

We talk about:
– What Worldwrite does
– How it views the G8
– Debt relief and what happens to countries that “get it”
– Live 8, Bono, and the real result of such campaigns
– Difference between development aid from western countries and China
– The prospect of new and worse conditions for debt relief
– The Film: Damned by Debt Relief
– A Debt Relief Quiz to see if you can spot the truth
– What should be done with the G8 summit

Also my recommendation, watch G8-TV for video directly from the streets

 

bm190 Struggle for Change in Guinea

The president of Guinea has ruled this west african nation for over 20 years. Under his rule the nation has become one of the world’s poorest and more corrupt. But recently the people have taken to the streets and declared a general strike, making demands of this president who previously seemed to answer to no one. What is really going on in Guinea and why… Pauline Bax, my friend and a journalist based in Abidjan, Ivory Coast joins us to explain.

Her Blog: West Africa Wins Always

We Discuss:
-The last month in Guinea
-The strikes
– Lansana Conté, what should we know about him
-Where the country gets income
– Working as a journalist in Guinea
– Mining and mining companies
– Who Benefits from the present situation
– Plenty more, download the show.

 

The Haves and the Have Boats

I’m going to save the discussion about the terrible war crime that the Israeli military committed today by bombing the UN observer post. Someone in charge has clearly lost their mind and must be arrested and face charges in the international criminal court. But again, thats for a future post, so save the comments on that issue.

ams070617Today’s issue starts with a story. A few hours ago, as I cruised in from a leisurely boat ride around the Jordaan and Prinseneiland, I noticed a boat-owner-neighbor parked a few spots up from me, standing in his boat waving to me. “Nice Lamp” he shouted in Dutch, referring to my pink colored lantern that gets alot of comments somehow. I thanked him and began to tie my ropes and chain to the usual places on land. The man’s smile changed when he saw this, and he gave out a warning “make sure you lock everything up and chain it properly, this guy who usually parks between us had his boat stolen last night”. Stolen? I stared at him in disbelief. Thoughts of what a nice neighborhood we live in, and why would anyone want to steal that boat which I remember being fairly unremarkable. Are you sure – I asked. A boat stolen, here? He started laughing and went on to talk about how easy it is and how our neighborhood is not immune to theft of anykind.

Which reminded me of larger issues at play in this beloved city. Amsterdam has tons of beautiful things. Whether you cruise down on bike or on boat, you’ll be able to see people sitting in their luxurious houses, or cruising by in their fancy boats. In terms of haves and have nots, this city’s haves like to flaunt what they’ve got.

Of course, this is what you see on the surface. If you go out to the far off neighborhoods.. things are somewhat different. People don’t have as much to flaunt, and thanks to a number of different issues and circumstances, many decide that stealing from the haves is a good way to acquire some quick cash if not thrills.

While I don’t like the idea of my stuff being stolen, especially my boat which spends many hours out there on the water, alone… after observing Dutch society over the years, I’m not so surprised. Matter of fact, it seems inevitable. With all the in-your-face luxury of this city, that a relatively small yet very visible population exhibit. Combined with lots of disaffected youth, with limited prospects for fullfilling or even just earning a higher standard of living then the one they’re born into. That my boat or my neighbors boat, regardless of weather he and I are fairly financially well of or not, might be targeted…. not that much of a surprise.

People talk alot of Europe’s safety nets. Some of it warranted. Much of it has been picked apart and made more difficult to attain. Quality of life remains high, and poverty is of course not as prevelant as it is in most other countries… but still… one thing is certain… if the political and social winds keep blowing the way they’re blowing.. the Red August is gonna need thicker chains and a bigger lock.

Leaving for Portugal in the morning.. see you on the other side!

bmtv8 Religion versus Wealth

With this vlog I intend to begin a series focused on questions of poverty, religion, education, health and more. Somehow these things are all inter-related, and I’m going to look into the numbers around the world.

This episode deals with Religion versus Wealth. Using the data from PEW’s 2002 study, we can see the level of religiousness in both wealthy and poor countries. But the conclusions don’t come easy, so I’ve got much more work to do.

Watch the Video

PS — Yes, you may notice I make several guesstimates that are somewhat incorrect in this vlog. I was speaking only from memory, so forgive me. The numbers are still there for you to see for yourself, thats the important part.