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Avoiding the Revolutionary trap of large wealth gaps in a capitalistic world

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Avoiding the Revolutionary trap of large wealth gaps in a capitalistic world P Rajagopal Tampi Introduction One of the biggest threats to our peaceful human existence arises from wealth disparities around the world. Great wealth disparities in combination with extremely high debt levels create the fertile ground which have sparked several mass uprisings throughout the ages, the French Revolution (1789 ) and the Spanish Civil War (1936) to name a few. These occurred when the world population was 780 mn and 2.01bn respectively. That’s a far cry from the world population which stands at over 8 bn today. Just imagine what sort of loss of lives and destruction, wealth disparity-based revolutions would entail in todays world? Aided by the exponential growth in money supply and the multiplying power of Twitter and social media to communicate at scale instantly! Migration to the European continent of the poor from the African continent and elsewhere and to the US from Mexico and South ...