Wealth is defined as physical and financial assets minus liabilities.

A UN report released in December of 2006 shows that the top 1%(37 million people) of the total adult population of the world owns about 40% of the total global wealth. Furthermore, the top 10% of the top 1% own the majority of the wealth. Meaning that .1%(3.7 million people) of the total adult population own 30-35% of the total global wealth.

Taking this further, the top 2% of the total adult population owns 50-55% of the total global wealth and the top 10% own 85%.
The top 50% of the world's adult population owns more than 99% of the total global wealth.

Leaving the bottom 50%, some 1.85 billion people, living on baerly 1% of the global wealth.

This does not consider minors, people under the age of 20, but one can assume that a great majority of mankind, perhaps even 50-60% of the total human population live on about 1% of the total global wealth.

The current situation is roughly analogues to a group of 10 people where 1 person has 1000$ and the other 9 have 1$ each.

This is a very unfortunate because it means the vast majority of all mankind, men women and children, are unable to live comfortably. Their existance is similar to what mankind experienced during the time of serfdom.

And? This is well known, what can be done about it? Nothing.

there is one thing i can think of, ofcourse the country that holds the most power would never agree with this as it would be leveled in power and wealth with everyone else. i am talking about using the UN to impse a system of communism

Ya'll do know that, according to posts made by people such as jnifw3loi, China is the worlds economic power? I don't see China launching many humanitarian efforts. Ya'll have a point there, but global communism would do nothing but destroy those who earned their wealth.

earned? earned? if you're talking about countries the US has earned none of its wealth it has exploited other countries for it. and if you're talking about rich indeviduals in the US same thing, exploitation they deserve to use it. and take any product and you will find made in china on it or one of it's parts so yes china is the lead manufacterer of well everything

What the heck did you just try to say, besides bashing my point while simultaneaously supporting it? And how is the US exploting countries? Sure, we build factories and give people jobs and income, but how is that taxing the countries as a whole? If the US doesn't support the countries it gets it goods from, then explain China's economic power.

it's economics power i probably due to the billion or so people 90% of witch are unemployed. exploiting, too much to list do your own research for once.

You don't see anything because you are a blockheaded idiot.

1) China maintains peace and stability in Asia Pacific region by keeping rogue countries and despots in check.
2) China has brought the largest number of people out of poverty, higher than any country in the world. Source
3) China is the key to the Anti-Tsunami warning system which has the ability to reduce casualty to a fraction of what occured in the last major Tsunami of 2004-05
4) China contributes its mass produced and cheap goods all over the world which brings down a lot of products within the reach of all which were inaccessible to them earlier. Source
5) China's third position in GDP is because of its massive population of 1200000000 which is more than 1/6th of world's total and more than Europe+USA+Canada+Australia combined. Source
6) China despite having its own Tsunami victims and millions in its own country to feed, withdrew all debts unconditionally from countries which were it worse. In contrast if it was US they would have asked for a military or political alliance. Source

I could go on but this will be enough. China is much more human and unselfish on a global level than US could ever be. Post any of the sources for your claims FutureNavyMan08.

US companies didn't move to China to help it. They went because of highly skilled manpower available at cheap rates which would bring down the manufacturing costs of a company and help raise profits. Their own interests really, if another country with a Hitler like genocidal dicatator provides cheaper slave labour of jews these companies will rush in one go. Get the facts.

USA contributes too less for its so much of money as compared to Europe or China or any country.

In case ya'll have forgotten (ironically after haveing argued this fact), China is becoming the world economic power. And you offer no proof yourselves as to this topic, so why are ya'll talking?

Plenty can be done about the global poverty. Both the technology and the resources exist to remove poverty from the world. The only thing the bars the progress is the bourgeois. They insist on exploiting the proletariat. Because of them wealth does not flow down the pyramid, it flows up. Cotradicting both capitalist propaganda and Ronald Reagan.
The problem is that the industrialised world, especially the United States, insists on concentrating the global wealth within its borers. The average US citizen lives with wealth of 43,444 while the average Chinese citizen lives with a wealth of $7,600. Not only does China have the largest population in the world, it also has the second larges GDP while the US has only 300 million people and the largest GDP in the world. The Chinese citizen does not starve or live in the street.
The US citizen can live without the large amount of wealth and still be healthy, educated and fed while still leaving enough wealth for the countless other humans who are hungry and without a home.

I have given sources for points I made about China. Please do a check and if you can't read, put on your glasses.

And I request you put at least one proof which contains a sypnosis of Chinese contribution vs US contribution vis a vis their conditions and GDP. Let us be fair, you can't always demand proof from others while providing nothing yourself except your highly unwanted opinions and flaming.

It is easier to leave a topic than hammer on about your opinions which are kind of pointless when they are logically and factually handicapped.

And jnifw3nloi has cleared your concerns that doesn't leave much room for me to comment on, unless you have any additional questions. China has 1/6th of the human beings in the world, it needs to feed, clothe and shelter its own with the small GDP it has (compared to population). Unless it can do that you can't expect it to give billions to coerce other countries into submission while its own live hand to mouth. China is a socialist country which cares for all humans and its citizens, US is a capitalist country which tries to maximise its own agenda and profits at the cost of human life and freedom. China contributes hundreds of millions as charity, without any conditions attached, US contributes every penny and highly publicises it for political, military or economic gains.

The only way to effectively fix the problem of such wealth inequality would be to stop thinking of ourselves as belonging to a certain region or country and start thinking of ourselves as humans. We are all the same species and we all reside on the same planet. The double standards of the world today, where all men a created equal as long as they are born in our country, will lead to nothing but destruction and the eventual extinction of the entire human race.

the rich get richer and the poor get poorer. (is that a word? idk it is now.)

The polarization of wealth is what you are reffering to.