The Artificial Wealth Gap in the world

There is more than enough wealth in the world to comfortably take care of all 6 billion people on this earth.

According to a study released by the World Institute for Development Economics Research of the United Nations University:

• The richest 2 percent of adults in the world own more than half the world's wealth
• 1 percent of adults owned 40 percent of global assets in the year 2000
• The richest 10 percent of adults accounted for 85 percent of the world's total.
• The assets of half of the world's adult population account for barely 1 percent of global wealth.
• The average American's wealth amounted to $144,000 in the year 2000, more than 100 times higher than the average Indian or Indonesian, whose assets totaled $1,100 and $1,400, respectively.

Whatever has been done so far in terms of foreign aid programs, trade and immigration policies, etc. have not effectively impacted this wealth gap.

In fact, according to Anuradha Mittal, Oakland Institute, the rise of free trade has increased the wealth gap, both internationally and inside many countries.

She refers to the example of the North American Free Trade Agreement (NAFTA) signed in 1992 by the United States, Canada, and Mexico. "Instead of Mexico being able to export its food to the United States, what's really happened is that U.S. corn exports to Mexico have tripled, pushing 2 million Mexican corn farmers out of business. And those are the very people who then migrate [to the United States]."

She continues:

• Those migrants then work for low wages inside the United States, pushing wages for all workers down.
• Regarding "the ability to export", the big plantations take the cake, "which creates further inequities inside of countries. You're not going to be talking about [improving livelihoods for] small farmers in Mexico or Honduras or India."

Communism failed, and capitalism does not work for most people on this earth.

Time for a NEW PARADIGM?

Trainers for All-India Requirements

Omnizient Labs is looking for Behavioural/ Management/ Soft Skills freelance trainers willing to travel all over India. Location include (but not limited to) Delhi, Mumbai, Bangalore, Chennai, Kolkata, Chandigarh.

Mail your profile to help@omnizient.com.
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Omnizient Labs is a pioneering Training Research and Development organization impacting people at workplace all across the globe.

Omnizient is a global community of leaders, mentors, coaches and trainers who have come together to empower individuals, teams and organizations to live-up to their highest values, vision and mission.
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Trainings, Seminars and Workshops Offered by Omnizient include Workplace Excellence (Self Management, Business Communication, Emotional Intelligence, Corporate Excellence) and Management Development Programs (Individual Excellence, Personal Effectiveness, High Performance Teams, Coaching Skills).

Also, Work Life Balance, Technology Workshops, Creativity Techniques, Problem Solving & Decision Making, Building Creative Teams, Selling Skills, Networking Skills, Negotiations Skills, Relationship Management, Sales Presentations, Account Management, Influencing Skills, and many more.

A Gift to the world - Dakshana

Dakshana is a sanskrit word meaning to give or receive a gift. The Dakshana Foundation is a young philanthropic foundation focused on providing world-class educational opportunities to economically and socially disadvantaged gifted children worldwide. The have targeted the 750 Million people living in India’s 640,000 villages.

Dakshana has partnered with the Jawahar Navodaya Vidyalayas (JNV - http://navodaya.gov.in/) to provide 2 years of IIT JEE prep for about 300-400 Dakshana Scholars annually of the best and brightest students at 7 JNV campuses throughout India.

Dakshana was founded by Mr. Mohnish Pabrai and spouse, Ms. Harina Kapoor. They are inspired by Nobel laureate Mohammed Yunus (Grameen Bank), and intend to be a “non-loss entity.” They say:

"We believe in recycling most of their estate back to society. Effective giveback is very hard to do. One is forced to confront problems that have defied solutions for decades on end - after tremendous resources and brain power has been directed by them. Billions of humans still do not have the fundamentals of adequate food, shelter, education, healthcare and a sustainable livelihood. To this end, Dakshana's management is pragmatic. We do not believe we can solve the problems of the world. We do, however, believe that we can make a small dent if we approach charitable giveback with a laser-focus and a business mindset."

The first Dakshana Scholar is Shashank Dube of Jabalpur, Madhya Pradesh, who was "awarded a full scholarship by the foundation to undergo 12 months of IIT JEE training at Bansal Classes - one of the best IIT JEE coaching centers in the world (www.bansaliitjee.com). Shashank is the son of a deceased pan shop owner who has virtually always topped his class. "

If you would like to volunteer, check here.