More Summits – Less Solutions – More Inequality

10 November, 2009 at 12:51 Leave a comment

Almost every month we hear of a summit or a meeting of states, but the actual progress towards resolution of issues and problems has been less effective and focused. There is just the resounding feeling that these are becoming more rhetorical and hollow than real and productive. The worst part is that inequality (gap between rich and poor) is showing a marked correlation with the number of meetings whose impetus for more summits has been on the increase. Reminds me of a quote that there is never enough time and summits to do all the nothing in the world. And then there are several jokes on meetings such as it is a phenomenon where a bunch of people get together and decide that the best thing to do is to convene yet another meeting. Or something on those lines. I did some research (read, browse the web) and came up with a quick self-explanatory chart…

(*) Inequality is defined as the income gap between the top and bottom 10 per cent of wage earners. The data is via World of Work Report 2008 – Global Income Inequality Gap is Vast and Growing. The numbers of course have been normalized to somehow limit axes overflow

    Hindsight is always 20/20 but this is hardly unexpected of course because if the leaders (and I use this term very loosely) of the world are jetting off to exotic locations for meetings, their countries are left to the dogs, which while better on one hand, is proving a detriment to general populace. It seems to me that this is a contagious disease. With politicians being in the Top-10 percent of wage earners, the sheer number of summits and thereby the taxpayers money they claim/guzzle to attend this nonsensical meetings is maybe, contributing to the inequality. Just me.

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    Entry filed under: BoP, CWorks, Economy, India, Life-Theories, News-Media, Politics, Poverty, Research, WebXP.

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