What sort of system have we created that relentlessly siphons wealth from the poor to the richest 1%, and in the process deprives humanity of the resources that could bring happiness, contentment and joy to billions of people? When, oh when, will world leaders take concrete steps to remedy this injustice and unfairness?
Inequality has been shown to impact on the durability of economic growth and increases the chances of future financial shocks; it undermines social cohesion and equality for women; and it increases political instability. In a surprising echo to Aicha's words, the self-proclaimed zillionaire Nick Hanauer wrote in 2014 that "if we don't do something to fix the glaring inequities in this economy, the pitchforks are going to come for us"... Economic and policy changes in recent decades - including deregulation, privatisation, financial secrecy and globalisation, especially of finance - have supercharged the age-old ability of the rich and powerful to use their position to further concentrate their wealth.
As an Anglo-Scot currently living in a Australia the results of the Rugby Union World Cup quarter finals doesn't surprise me. Granted Scotland should really have beaten Australia, which would have been a wonderful poke in the eye for the other Northern Hemisphere teams, but really an all Southern Hemisphere semi finals says a lot not just about rugby but the influence that wealth has on talent, organisations and societies.
This massively unequal allocation of wealth is a dire problem for liberal societies because it directly impedes social mobility. By perpetuating a system whereby those at the top continue to accumulate assets with little to no redistribution, you are contributing to a world whereby the poor get poorer.
It may be a rebalance of the economic powers, but the planet is far from being the place of equality. Oxfam claims that "in 2010, it took 388 billionaires to equal the wealth of the bottom half of the world's population and by 2014, the figure had fallen to just 80 billionaires." If the trend continues, warns the humanitarian group, in two years the richest 1% will have more than the remaining 99%.
It IS good news that more British people are more prosperous and that the richest people in the world regard Britain as a safe haven and politically stable. The bad news is that growing inequality is approaching pre first world war levels. The richest 10% in Britain own 44% of total national wealth, five times more than the poorest 50% of the population who collectively own 9%.
The biggest tragedy of all is, if we're lucky enough to survive until we're old, grey and wrinkled, and our grandchildren ask us what we gave to the world we lived in, we are only able to say that we took more than we gave. For the man who dies without giving more than he has taken can take no triumph from his life.
You don't have to be a Marxist to feel a sense of outrage at these statistics. I trust that most of us with an ounce of sympathy for the suffering of fellow human beings would sense that the global economic system that engineers such disparity in the way people live is dysfunctional and requires serious reforms.
One percent of the world's population own half of the world's wealth. Meanwhile, the poorest people on earth, who constitute two thirds of the world's population, own just 3% of the world's wealth. This is clearly nuts. This hasn't happened overnight. The global disparity between incomes has been spiralling out of control over the last few decades.
Inequality has been rising rapidly in Britain for the past 30 years. The gap between rich and poor has widened and the share of income going to the top 1% has doubled, from 6% to 14%. If the growth in inequality continues at its current rate, we are heading towards Victorian extremes in the next 20 years.
The Queen's Diamond Jubilee celebrations are thankfully behind us, but in their wake they have left a mark of shame at the sheer amount of public money involved not only in paying for this event, but in propping up the Monarchy year after year, an institution as ludicrous as it is pernicious in the 21st century.