Sunday, June 17, 2018

The fairness of 1%


All over the world, political parties, pundits and socialists whine and crib about the unfairness of 1% of the world claiming a disproportionate share of world's wealth.

Before you think this is a political rant, let me clarify it is not. If you leave out the rank emotions and examine objectively, why only 1%? Why not 5% or 23%?

How many of the people you know think original and how many wait for instructions? How many are comfortable in the comfort of the routine and the usual? How many are comfortable with risk? How many try the unknown and new?

A great many of the world population wait to be driven or instructed or be told what to think and do. The facts about the multitude of  news channels , religious leaders, political leaders bear testimony to this fact. Many wait for a news article or a boss or a pundit on the tube to tell them what to think and do that day and the next. If the herd mentality assures wealth, it will get distributed among this huge majority and become dissipated.

Very very few venture the unknown , take chances and the risks of failures. A much lesser number of people are able to see beyond the immediate and take a bet on where the future is headed. They are ready to take the social and psychological shocks that come with it .

Granted all of them do not make it but the vast majority of those who make it, end up with a return that is proportional to the risks they took.

Before you crib about the unfairness of the 1% of the world who own a disproportionate share of world’s wealth, do think about your own choices and behaviours about where you wanted to be.

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