Tag Archive: extremes of wealth and poverty

Artificial Scarcity & The Baha’i Faith

The Problem . ARTIFICIAL SCARCITY is a term used to describe the condition in which masses of people are deprived of their bare necessities, while wealth, resources, and infrastructure exist in sufficient proportion… Continue reading

The Midnight Sighing…

A continuation of a conversation on Facebook, prompted by the quotation below, in which thoughts about these two links were asked… http://www.usdebtclock.org – US National Debt Clock xkcd.com/980/huge/ – xkcd: Money Chart  … Continue reading

“Concentrations of Wealth” by Michael Karlberg

A recent study by Oxfam provided some striking data regarding growing disparities of wealth and poverty within and between countries around the globe: 50% of the world’s wealth is now owned by 1% of the… Continue reading

Tax Code 101

The top 10 US tax deductions, credits and exclusions ensure that over $12 trillion in tax revenues will be granted to multinational corporations over the next decade. The tax loopholes have been written into… Continue reading

Abdu’l-Baha on Economic Policy

According to Abdu’l-Baha, wealth inequality, can be attributed to the “extreme greed and rapacity of the manufacturers and industrialists.” He furthermore  identifies  the root cause of income disparity as the defunct operations of… Continue reading

Money, Lies, and Spiritual Solutions

Since the housing market crash of 2008 we have heard it said that the economy is recovering. Who, I wonder are the people who are actually recovering? Let us look into what the… Continue reading

Are You Working for Someone Else’s Money?

GDP has doubled in the past 30 years, yet workers wages haven’t even kept up with inflation, let alone increased. The 1.9% increase in wages was  surpassed by inflation in 2012 marking the 40th… Continue reading