From a human being’s perspective, the world is limited just like they are but is the world really limited?
Let’s think about this for a second. The number of things a human being can do at once? One. The number of things a human being can master in a lifetime? A handful. As a result, if at any one time you are going after something and someone else is, you feel like the world is limited. That the number of opportunities that are out there is not the same as the number of human beings on the planet. The statistic is that the world is not creating as many jobs as humans. However is it the world that is not creating jobs or is it human beings?
According to Yuval Noah Harari’s book Sapiens, in 1500 global production of goods and services was equal to $250 billion today it is $60 trillion. To put this into context the per capita production in 1500 was $550 while today every man, woman, and child produces $8,800 a year. This growth rate in production is phenomenal. What is actually happening? Human beings are increasing their limits we are reaching more and more of the planet’s resources. This means the idea that we are always sharing this global resource amongst us is inaccurate.
How are we saying this as a global population?
We say that the world’s 2,153 billionaires have more wealth than 4.6 billion people combined according to Oxfam. Meaning that 1 person is as rich as 2,136,553 people.
The math is right however, the basis of the math is wrong. What we are valuing is what we can be able to value. It’s easy to say that Jeff Bezos and Elon Musk are worth $186 Billion and $ 183 Billion. While on the other hand, I Havillah Ogutu probably have assets whose total value may not reach $1,000. The basis of this math is flawed as it assumes that what people own are the only resources in the world. If it is not owned then it can’t be distributed amongst the global population.
Does that mean we ignore the fact that in 500 years of existence human beings have increased the value of what they own 240 times?
The other factor is what happens to what we are yet to discover and then as a result own? How would we value what is yet to be created? The answer is we don’t know and as a result, we take the easier way out. Which is to look at the total global valuation of everyone and divide it by the world’s population. Then from that say that the world’s richest people are as wealthy as half the population. This then leads to the biggest problem in this discussion.
We are sharing a global pie
If the world’s wealth is seen as static and then we evaluate it from the standpoint of who owns what. We start seeing that some own so much while some own close to nothing. This then creates this mindset that we need to re-share the global wealth. We need to make it equitable.
The thing that no one is speaking about is the fact that we actually don’t even know what we are sharing. We even don’t know whether it is shareable or not. However since we are sharing it, it seems that someone is losing out every time someone takes more.
As a result, anyone who gets wealthier from this paradigm of thought is getting more because others are losing out to them. Meaning Jeff Bezo’s is worth what he is because 1 Billion people in Africa lost out to him. His wealth denies this vulnerable part of the population money.
Let’s make this more relatable
The reason you felt really bad when you saw someone travel abroad on Instagram and you were seated at home, is because you deep down think only one of you can have that experience. If money is limited then you want to have more than everyone else. At this moment they have more since they are having an experience you can’t afford. Hence you feel like they are in part the reason why you can’t go somewhere.
The money moving around the world is not enough to value everything on earth. The reason why at this moment some have more than others is that we are working with what we know and how we think. This should guide you to then think if we are yet to discover even half of our own planet’s value does that mean then that our wealth distribution conversation is focusing on a table where we should be focusing on the planet? Or rather the universe? Then think about it, can we then say that we think wealth is limited cause we are limited not because wealth is limited?
Opportunities are limitless you just need to start looking at the world differently. Where do you start? Stop thinking that the world is a static pie chart or cake being shared out to everyone