It’s an unequal ecosystem
I was going through the NEWS feed last night, I stumbled upon a NEWS thread that made me angry. It read, and I quote, “Elon Musk is now richer than Warren Buffet.”
Reasons being, Warren donated 10 billion dollars to charity while, Tesla motors profit rose to significant amount. Since Elon owns 28 percent of Tesla Motors shares, he gets a huge slice. Here I’m in a remote town in Lagos state, Nigeria troubling my already broke relatives for sustenance. The Nigeria government cannot afford to send its citizens relief funds, but, lots of wealthy people are donating to different causes and some are making crazy profits. Here I’m without food.
My mother as gambled our living quarters. She received down payment to relocate from our current location to another, unfailingly, by the end of december this year. The location she intends to move to is currently occupied by another family. Due to the increasing entropy of the economy, It would be financially unwise to be looking for a new apartment anytime soon. The poor are getting richly poor and the rich are getting poorly rich.
If by happenstance, the super rich came togehter to create an account to donate a significant portion of their profits in the fourth quarter of this year, instead of gifting the donation to the leaders of the countries in need, they gift it to the banks that houses the bank account details of every citizen of said country. The banks in turn will distribute the money to its citizens. When I looked close enough at my needs, it boils down to food, power supply and WiFi. Is that too much to ask? The reality of it all is that, rich people can’t go less rich even if they wanted to, because, it will affect the banks already enjoying the benefits of their fat accounts and in turn will affect the citizens of the country where those riches resides. It all trickles down to the developing countries whom are already broke. For example, Mr A is super rich and he decides to cash out on his investment in a multi-billion dollar company which worth half the company. No bank will be happy with that, because, the company will have to let go of some workers, the day to day output will reduce, that company will have to settle for less profit by increasing the price of the commodity they produce. Developing countries have demands for those commodities. We’ll have to pay more for said commodity. Its like not donating to the affected countries is saving us, but, we are affected. So the chances are, if I’m given today I’ll go hungry tomorrow. The trend goes back and forth.
A few weeks back, University of Lagos became the first Sub-saharan African university to purchase robots that will fight COVID-19. All the pictures I saw trending on social media where taken in the school’s main library. In the hostel where I reside, Jaja hall, in my room we are 25. This is a room meant for 10 students. How will that robot fight the hostel congestion that obviously seems to be the plantation that boost the spread of the virus. If the school authority decides to stop all the students that are not bonafide members of the hostel from entering the hostel. The queue for shuttle bus will increase, lots of students will be late for classes and most of all, they would become vulnerableand easily manipulated to join social vices.
In otherwords, the reserve the school was supposed to use to build more hostels as gone into the pocket of the rich and left us richly poorer than we were before.
It would be wrong if I fail to acknowledge that SpaceX as taken a little step forward in the direction of space domination. All the tax paying dollars was put to good use. That money did not all come from American soil. Different international expexts and the raw materials from developing countries altogether found it way to establish that little step. But, his dream is bound to fail if the rest of the world is in chaos. There might not be a clear line as to how this issue can be solved. Why are we humans if we don’t try?