Post 2 of 20: We Can Shrink Wealth and Power Gaps to Near Oblivion!
Target: Internalize elites' major wealth-making tactic: use of other people's skills, resources and money on large-scale basis! How come the world has just a few thousand dollar billionaires and over 5 billion individuals who suffer poverty from 'genteel' to absolute levels? How come the mass of employees of the world's 199 countries (the 3rd & Developing Worlds) earn the equivalent of $50 to $300 monthly while those of just 31 1st World nations average $2,000 to $5,000 monthly, and their exceedingly few elites earn millions of dollars each month? World economic history and statistics reveal the major reasons: (1) Top 1st world corporations produce and sell at world scale, and most of their profits go to their few controlling capitalists. In early 2000s, 1.5 million Philippine businesses' yearly production averaged just $400 billion or so, equivalent to the sales of just 10 or so top US or Japanese companies. {Lesson: When...