Imagine if the richest 100 people in the world each put aside 1 billion dollars to change the world. Think that’s too much? I just looked up the top 20 billionaires and they could each give away 15+ billion. Realistically, there could be 500 billion or 1/2 of a trillion dollars given away from the top 100 billionaires without changing their lives significantly.
What could that money be spent on?
Clean water, clean(er) energy, and food for the poorest 1/4 of the world. This would be a good start. Health & family planning would also be essential.
How different could our world be?
When I read articles like this: ‘Eye-Popping’: Analysis Shows Top 1% Gained $21 Trillion in Wealth Since 1989 While Bottom Half Lost $900 Billion
I wonder how these billionaires can imagine that their continued gains can benefit anyone, including themselves? At what point do gains like this have diminishing returns? At what point does compassion replace greed? At what point does social conscience take precedence over financial profit?
I don’t pretend to have the answers as to how to do this in a way that is equitable and helps people thrive, but with that much money, people smarter than me could be hired. There needs to be a redistribution or redirection of wealth to make our world more equitable, and more livable for those that need it most.
11 years ago, George W. Bush bailed out banks for 700 billion dollars. Since then, those banks have made the rich richer. What if the richest people in the world were to bail out the poorest? How many lives would be meaningfully changed for the better? What impact would that have on the overall well-being of humanity? The world needs another bailout. The richest people in the world have the means to provide it.
Image the possibilities!
