Economic Concentration
At This Juncture GBCS Have to Deal With Global Trend
11/3/2023
There are numerous books, articles and internet sources dealing with economic concentration that show in all kinds of ways that the rich get richer, and the poor get poorer. Less numerous are the sources that try to deal with this financial inequality that has become entrenched by a pollical system that makes the monetary, financial, fiscal, and commercial structures subservient to these economic elites.
It is the latter focus that this webpage with its TTRIMS monetary sustainability framework wants to contribute to by highlighting authors such as Piketty with his participatory socialism (Thomas Piketty’s Radical Plan to Redistribute Wealth - The New York Times (nytimes.com)). Other economists such as Yanis Varoufakis and Michael Hudson will have their positive visions compared with the monetary sustainability framework approach and how they can complement and influence each other.
Stories will be presented that show how people and organizations have struggled with the issues of inequality, such as the one that took place at the last press conference of the 1992 Earth Summit in Rio de Janeiro. Some 2000 journalists packed the large space to hear conference chair Canadian businessman Maurice Strong’s opinions about this UN summit, one of the most important ones in the Earth’s history. I was called on to ask the question: In your opinion, Mr. Strong, do you think gross disparity within and between nations is A or THE major cause of ecological degradation? He spent 7 minutes wrestling with his answer.
