Last year, Americans spent $450 billion on Christmas. Clean water for the whole world, including every poor person on the planet would cost about $20 billion. Let's just call that what it is: A material blasphemy of the Christmas season.
Trade is now clearly designed to favor the wealthiest and most powerful corporations at the expense of the rest of us. The three wealthiest people on earth now control more assets than the combined incomes of 600 million people in the world's 48 poorest countries.
Interpretation
What this quote means
The quote highlights the disparity in wealth distribution and how trade laws benefit the rich over the poor.
Jim Wallis emphasizes the alarming concentration of wealth among the world's richest individuals and how current trade practices disproportionately benefit powerful corporations. He points out that the three wealthiest people possess assets comparable to the combined earnings of millions living in extreme poverty, shedding light on the stark inequalities that exist in global economics and urging for a reexamination of trade policies that favor the affluent.
Themes
In practice
Example use cases
During a speech on economic policies, a speaker could use this quote to illustrate how current trade practices impact the poor.
More from Jim Wallis
All quotes →You change society by changing the wind. Change the wind, transform the debate, recast the discussion, alter the context in which political discussions are being made, and you will change the outcomes... You will be surprised at how fast the politicians adjust to the change in the wind.
Healthcare should be a human right and not a commodity for sale.
Sometimes it takes a natural disaster to reveal a social disaster.
At times I think the truest image of God today is a black inner-city grandmother in the United States or a mother of the disappeared in Argentina or the women who wake up early to make tortillas in refugee camps. They all weep for their children, and in their compassionate tears arises the political action that changes the world. The mothers show us that it is the experience of touching the pain of others that is the key to change.
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If you go back to the really long-run questions that interested me, the big question was why, over the centuries, the millennia, has growth been speeding up?
The basis on which good repute in any highly organized industrial community ultimately rests is pecuniary strength; and the means of showing pecuniary strength, and so of gaining or retaining a good name, are leisure and a conspicuous consumption of goods.
The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.
What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
Today we have a temporary aberration called "industrial capitalism" which is inadvertently liquidating its two most important sources of capital, the natural world and properly functioning societies._x000D_ _x000D_ No sensible capitalist would do that.