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$50 trillion what??? The Imbalance of Wealth June 13, 2013

Posted by tetrahedron in Uncategorized.
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Some years ago, I read a book called The Evolving Self. Though I didn’t realize it at the time, it profoundly affected the direction of my life. Here’s the section of the book that became a splinter in my mind and resonated the most with me:

“In order to gain control of consciousness, we must learn how to moderate the biases built into the machinery of the brain. We allow a whole series of illusions to stand between ourselves and reality…. These distortions are comforting, yet they need to be seen through for the self to be truly liberated… to come ever closer to getting a glimpse of the universal order, and of our part in it.”

Since I read that book, I have dedicated my life to coming “ever closer to getting a glimpse of the universal order, and of our part in it.” After years of research and analysis, I’ve come to hard-fought, battle-tested conclusions that I’ve been sharing with people to great effect, and now I’m going to share it with you. This will not be for the faint of heart, those easily offended; It will hit hard and we don’t have much time, so let’s get right down to it.

At this point, if you spend much time researching power politics or the distribution of wealth, resources and basic necessities, it seems evident and undeniable, dare I say, “common sense,” that we, in fact, live in a neo- feudal colonial society built on debt and mental slavery.

That may sound like over-the-top rhetoric, and it obviously sounds extreme to propagandized and conditioned minds, and yes, it is extreme. However, it is the unfortunate reality of the present situation. The facts are there for the rational and unbiased mind to absorb and comprehend.

If you have a few minutes I’d like for you to read this through, and I will easily prove it to you. We will look at how the system works, and then, hopefully, we will begin the process of evolving society together, as grandiose as that may sound.

Let’s start by giving some context and perspective on present circumstances by breaking down some economic data. As Thomas Jefferson once said, “Enlighten the people generally, and tyranny and oppressions of body and mind will vanish like evil spirits at the dawn of day.”

I: Unprecedented Wealth

For the past 35 years, with technological advancements, there has been an explosion in production and profits, in wealth creation. That unprecedented increase in wealth, as many of you know, has gone to the top economic 1%. Most of it, the lion’s share of it, went to not even the top economic 1%, but to the top one-hundredth of one percent, to the modern day aristocracy.

After analyzing the most recent data, here’s the headline: US millionaire households now have $50 trillion in wealth. They have $39 trillion in legally accounted for wealth, and an estimate of $11 trillion hidden in offshore accounts.

Let that sink in for a moment… 50 TRILLION DOLLAR$.

Most people cannot even comprehend how much $1 trillion is, let alone $50 trillion. One trillion is equal to 1000 billion, or $1,000,000,000,000.00.

Only one-tenth of one percent of the population makes one million dollars a year, and, again, most of that wealth is in the top one-hundredth of one percent.

To show how consolidated the wealth is, even in the upper most portion of the top one percentile, the richest 400 people have as much wealth as 185 million Americans combined; that’s only 400 people with as much wealth as 60% of the entire US population.

Before continuing, let me defuse the reactionary propagandized mind’s instinctive response. This is not about demonizing people just because they have money. There are many people who are using their wealth and resources to improve the human condition. It’s important to understand that the focus here is not on the people who have a mere $10 million or so in wealth. When discussing the modern day aristocracy, the main focus is on the pathological, shortsighted and greed-addicted forces that are doing much more to limit human potential than enhance it.

Broadly speaking, the aristocracy is composed of governments, political parties, policy groups, think tanks, intel factions, private military companies, large global corporations, banks and media empires. Included in that are mega-wealthy billionaires and CEOs who have unprecedented control of wealth and resources, for example, the Business Roundtable, the people who run the 147 inter-connected corporations who control half of the world economy.

However, the ultimate point here is to show people that there is presently more than enough wealth and capabilities to solve societal problems. We can truly evolve society in unprecedented fashion. At this point, there is an overwhelming majority of the population, even a majority of the mega-wealthy, who realize that our present systems are obsolete, unsustainable and unstable. We don’t need to spend our finite time and energy fighting with each other. We already have a critical mass of aware citizens, we just need to inspire and organize them to build the cultural and political will. Once we do that, we will be an unstoppable force.

Let’s get back to that 50 trillion number, because we have had an entire generation of mind-blowing wealth creation that has been systematically withheld from the population.

$50,000,000,000,000.00

Can you comprehend how much money $50 trillion is? Just to give a little context, we can end world hunger and provide clean drinking water to everyone on the planet for an estimated $40 billion. Again, one trillion is one thousand billion, and we are talking about $50 trillion.

Imagine what could be done with that amount of wealth. Imagine the implications, the possibilities. Imagine how we could evolve society, to the benefit of everyone, with modern technology and just a fraction of that staggering amount of wealth.

The average American cannot comprehend how much wealth there is because there is no frame of reference, no comparison of scale or historical precedent. If Americans had an understanding of how much wealth is being kept from them and the possibilities of what we could do with that wealth, we would have a full-blown societal evolution right now. I don’t mean to bore you through the massive impartation of information, therefore I will continue with part two towards the months’ end…

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