Whose world is it then?

As most of us know, the Forbes organisation publishes annual rich lists, and more recently, information on the ever-growing number of billionaires and their "share" of world wealth. The video above is just one of their updates.

The percentage of world wealth "owned" by this relatively minute number of individuals is massive compared with the rest of the several billion other humans, like you and me, who co-habit this world.

And what's more, the percentage of this tiny minority's wealth has been growing exponentially in recent years, as has the way many of them are now using their wealth to influence and even dictate the way the rest of us live.

This is just not right. First, and if I assume that those of you who are reading this still believe in democracy (with all its flaws), and social justice, we have to force these billionaires to act like any other individual when it comes to political decisions.

Second, we are all stakeholders in the wealth attributed to these people. How? Because we buy the goods and services "their" companies provide, and without us those companies would not exist. Also many people work for them directly and indirectly, and again, without them, these companies would just not exist.

So how do we wrest back fairness into the situation? First, there must be cash taxes, which would produce enormous amounts of money. Second, a percentage of their shareholdings could be taken into public ownership (a kind of reverse privatisation - another sick policy I will write about separately).

And, thirdly, we must limit, by legislation if necessary, the influence they hold over politics and how our lives are ordered. Let's not forget there is precedent, as the British limited and ended the influence and power of its own monarchy in progressive stages. So we can do these things, and must!