Hughesair (Inflection Point)

Retired physician and air taxi operator, science writer and part time assistant professor, these editorials cover a wide range of topics. Mostly non political, mostly true, I write more from a lifetime of experience and from research, more science than convention. Subjects cover medicine, Alaska aviation, economics, technology and an occasional book review. Globalization or Democracy documents the historical roots of Oligarchy, the road to colonialism and tyranny

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Location: Homer, Alaska, United States

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Thursday, July 08, 2021

Globalization

 If we count all the money in the world expressed inUSD, that’s all the cash, coin and deposits, 6.6 trillion dollars. Then, divide that total money by the world population, 7.9 billion people, each person would have  only $835.44. That’s just one reason globalism and equality, even if you could make a redistribution, can’t work. That’s a lot of money for some, but total poverty for the developed world. Ah, but the Communists could do it. They would just keep half of everyone’s cut for themselves.


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