In the News (from The Economist): “The Credit Suisse ‘Global Wealth Report’ estimates that there were 24.2m millionaires [a millionaire is anyone whose net assets exceed $1m. That includes everything: a home, an art collection, even the value of an as-yet-inaccessible pension scheme] in mid-2010, about 0.5% of the world’s adult population. By this measure, there are more millionaires than there are Australians. They control $69.2 trillion in assets, more than a third of the global total. Some 41% of them live in the United States, 10% in Japan and 3% in China.
“The global wealth pyramid has a very wide base and a sharp point. The richest 1% of adults control 43% of the world’s assets; the wealthiest 10% have 83%. The bottom 50% have only 2%. This suggests a huge disparity of influence. The wealthiest tenth control the vast bulk of the world’s capital, giving them a lot of say in funding businesses, charities and politicians. The bottom 50% control hardly any capital at all.”
My Comment: Until people become equal, the causes of hostility, insecurity, and hatred will not disappear. According to the plan of nature, we must realize that the most perfect state of humanity is equality (see Baal HaSulam’s article “Peace in the World”). First, it is equality with each other, which is the first degree of our spiritual development, and then equality with the Creator, which is the final, 125th degree of this ladder, the purpose of creation.