Quotes by Susan George
(quoted in New Rulers of the World)
the growing gap
Submitted by antarchi on July 11, 2009 - 19:38Overall the North-South differential was about 2 to 1 in the eighteenth century and 30 to 1 in 1965. It's now over 70 to 1 and rising. The comparison between the billionaires and the billions is also striking, even though it's not a scientific comparison. The top 225 fortunes in the world amount to a total of over 1,000 billion dollars (a trillion dollars). This sum is roughly equivalent to the annual revenues of the 2.5 billion poorest people in the world, about 42 per cent of the entire global population. The three richest people in the world have a collective fortune greater than the total Gross Domestic Product of the 48 poorest countries in the world.
a privilege to be exploited
Submitted by antarchi on June 22, 2008 - 12:51Today it is almost a privilege to be exploited. The real problem is that globalisation takes the best and leaves the rest. Of course it exploits, but more than that, it excludes. We must face such facts however much we may deplore them. There are huge regions in which the drivers of globalisation take little or no interest. Present day globalisation is not interested either in the hundreds of millions of people who do not produce within the market system and consume so little that they scarcely register.
high net worth individuals
Submitted by antarchi on June 22, 2008 - 12:47The number of millionaires and billionaires, including now four in India, has escalated steadily so that now there are about nine and a half million people, or about one for every 700 people on earth, that the brokerage house Merrill Lynch calls High Net Worth Individuals who together possess, in liquid funds, some 37 trillion dollars-that is 37 followed by 12 zeros. This is about three times the GDP of either the United States or of Europe and more than a dozen times the GDP of India.
the difference between Tanzania and Goldman Sachs
Submitted by antarchi on May 9, 2007 - 04:14Do you know the difference between Tanzania and Goldman Sachs? Tanzania is a country that has a GNP of 2.2 billion dollars and shares it between 25 million people. Goldman Sachs is an investment firm which has annual profits of 2.2 billion dollars, and shares it between 161 partners. That's the world we're living in now.
quoted in New Rulers of the World
