DISINFO: A group of people monopolise all global resources and keep the world’s population in poverty
SUMMARY
A group of people monopolise all global resourses and livelihoods and keep the world’s population in poverty. The living conditions of the world’s population have deteriorated to such an extent that living in the world has become a serious problem.
RESPONSE
Recurring pro-Kremlin narrative about global élites secretly ruling the world. This narrative often claims that Western globalisation is causing the increasing impoverishment of the world’s population.
The article provides no evidence to support its sweeping claims that a global élite is keeping the world’s population in poverty and monopolises global resources and livelihoods.
In reality, in the past decades, globalisation has constantly and significantly reduced poverty levels around the world. According to the analysis by “Our World Data” the world has made rapid progress against the very worst poverty in the past decades. The number of people in extreme poverty has fallen from nearly 1.9 billion in 1990 to about 650 million in 2018. On average, the number of people living in extreme poverty declined by 47 million every year since 1990.
As explained by prominent research institutions, one of the positive factors that has facilitated economic growth and the constant reduction of poverty has been economic freedom, the shift to a more free and open global market economy. Hundreds of millions of people who previously lived in dire poverty have emerged to grow into a powerful global middle class.
There is no evidence, moreover, to support or substantiate the theory that a global élite owns, dominates, and manages the world's resources and markets.
The alleged secret élites that dominate the world are often presented in various ways, with different characteristics. Read an in-depth report by EUvsDisinfo on global secret élites here. In addition, the European Commission has produced a guide on how to recognise and identify a conspiracy theory.
Read similar cases claiming that the global liberal élite control the world's financial system, high tech giants, culture and science and that high-tech billionaires want to abolish private property except for the super-rich.