Yesterday I started reading about Apples share value that now is reaching for the $400.000.000.000-line. A totally staggering number! At the same time I ran into some articles from Credit Suisse and their World Wealth report where they came to the conclusion that the world’s total wealth is $194.500.000.000.000. Off course these figures aren’t comparable in a direct sense but it sure made me think… The ratio between the two figures are 1/510… (References at the bottom of the page 1, 2, 3)
At the same time I came across a statement from UNDP:
“The cost of eradicating poverty is 1% of global income. billion a year (equivalent to 0.5% of annual global income) would ensure universal access to basic social services (basic education, health, nutrition, access to water and sewerage disposal).”(4)
I’m a strong believer of freedom and liberalism (and I’m genuinely happy for anyone who makes that big economic dream come true because most of them deserve it), as well as a social responsibility from both the government as well as the citizens; but wouldn’t it be awesome if we all in the wealthiest part of the world would be part of a process where this generation took some serious steps towards ending poverty?
As John Lennon once wrote “Maybe I’m a dreamer.. “.
This post wasn’t supposed to be corny, but I guess we all are a little bit corny when we release our minds into things like this.
(Back to first page of this blog)
Hope you have a great day/weekend!
1) http://www.99.se/artiklar/2648-apple-varldens-hogst-varderade-bolag.html Article in Swedish.
2) http://www.stwr.org/poverty-inequality/new-tally-of-global-wealth-illuminates-staggering-disparities.html “The world’s 4.4 billion adults, notes the new Credit Suisse research, now hold $194.5 trillion in wealth. That’s enough, if shared evenly across the globe, to guarantee every adult in the world a $43,800 net worth.”
(3) I must at this stage point out that I’m a big fan of Apple and their products. My home actually slowly turns into an Apple Store.
3 thoughts on “Some thoughts about Apple’s total share value, World wealth and Poverty”
“Love is the word used to label the sexual excitement of the young, the habituation of the middle-aged, and the mutual dependence of the old.” ~ John Ciardi
If everybody had your smartness and wisdom, poverty would end now. Thanx for sharing..
Thank you so much!
I actually think that the wealthiest people would benefit the most from this. Their life wouldn’t have to change that much at the same time as they would show that they cared. When the differences get too big, people react.
I’m all for a liberal society but I also think that, with power follows responsibility.
Once again, thank you so much for your words!