Since the economic system also
concentrates wealth and power in fewer and fewer hands and excludes the majority from participation even in its material benefits, it generates enormous suffering.
The objection is that it transfers wealth from the public to the banks and
it concentrates wealth and power in fewer and fewer hands.
«We have not witnessed such extreme levels of
concentrated wealth and power since the first gilded age a century ago,» the report says.
In the Third World the results of development policies geared to the international market are more dramatic in their tendency to
concentrate wealth and power.
In addition to
concentrating wealth and power in fewer and fewer hands, the present system is impoverishing the Earth.
Not exact matches
As I describe in Survival +, there is a positive feedback in the process of
concentrating wealth and thus political
power: the more
wealth one acquires, the more political influence one can purchase, which then enables the accumulation of even more
wealth as the State / Elite partnership showers benefits
and monopolies on those who fund elections, i.e. the wealthy.
It also
concentrates power as well as
wealth in fewer
and fewer hands.
NGOs became «convinced that large - scale, top - down development
concentrates wealth in fewer hands, transfers
power to TNC's -LCB- transnational corporations], destroys traditional communities rather than developing them, disempowers the poor,
and degrades the environment.»
And given more
power to those who already have
wealth is likely to tend to
concentrate power over time.
Political
power and material
wealth are
concentrated in the hands of the one per cent - they are those who set the rules
and reap the benefits of these rules.
Indeed, like all forms of totalitarianism,
power and wealth is
concentrated in the hands of the ruling class, a revelation that becomes starkly evident when Katniss
and Peeta Mellark (Josh Hutcherson)-- her district's male tribute — enter the Capitol.
But given the nature of the place in question — a place of great natural beauty, certainly, but a place, too, where, at certain times of the year,
wealth,
power and celebrity become notoriously
concentrated — it is hard not to think about property: who has it, how they got it, what it's worth.
Wealth is extraordinarily
concentrated worldwide,
and one of the principal goals of wealthy families is exerting
power and influence («impact»).