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As per a recent Oxfam report, Global wealth is increasingly concentrated in the hands of a small wealthy elite. These wealthy individuals have generated and sustained their vast riches through their interests and activities in a few important economic sectors, including finance, education, technology, insurance, fossil fuels, pharmaceuticals and healthcare.

The blue, black and white collar jugadu have coveted masters in selling incremental development color with ballooning fanfare, pushing masses and real reformers to the edge using Saam Daam Dand Bhed (साम-दाम-दंड-भेद). Sucked Wealth: Having It All and Wanting More for Gen Next. This is the primary reason why global wealth is increasingly concentrated in the hands of a small wealthy elite, India have a fair share on Forbes and similar hot pots. #jai #jugaad!

One thought on “Having It All and Wanting More for Gen Next”

  1. The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their experimental approach to alleviating global poverty.

    NobelPrize

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