PROUT’s solution to wealth concentration

Prognosis for 2030: The richest 1% will control two-thirds of world’s wealth. – UK House of Commons library figures
2024: Half of the world’s net wealth belongs to the top 1%, top 10% hold 85%, while the bottom 90% hold the remaining 15%. –Wikipedia
2023: Richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years. –Oxfam
2022: The world’s richest 10% take home more than half of global income, while the poorest half only earns 8%. Over the past two decades, the income gap between the top 10% and bottom 50% has nearly doubled. –The 2022 Word Inequality Report
2021  During the pandemic, the combined wealth of the world’s 10 richest men rose by $540bn. This amount would be enough to prevent the world from falling into poverty because of the virus, and pay for vaccines for all. –Oxfam
2019  The world’s 26 richest people own the same wealth as the poorest half of humanity. –Oxfam
2018  The super-rich accumulated 82% of the wealth created the year before – the poorest half of world got nothing. –Oxfam
2017  World’s 8 richest men are as wealthy as half the world’s population. –Oxfam
2016  World’s richest 62 people as wealthy as half of the world population. –Oxfam
2015  1% of the world’s population will own more wealth than the other 99% by next year. –Oxfam
Russia 20+ years after the collapse of Communism:
– 1% of the Russian population controlled 71% of all wealth
– 110 persons controlled 35% of all wealth
– More than 9 out of 10 Russians owned less than the equivalent of $10.000 –Credit Suisse 2013

Concentration of the value of wealth is the fundamental cause of depression. The purchasing capacity of wealth is its real value.

Socio-economic decentralisation does not diminish or dissipate economic potential. Localisation removes regional disparity because wealth is distributed almost equally everywhere.

Dignified socio-economies both closed and open, Prout’s synthesis of protectionism, free trade, and the beginnings of integrated world society.