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The Second Gilded Age Is Here

posted by Fnord666 on Sunday October 29 2017, @08:01AM   Printer-friendly
from the goose-and-the-golden-egg dept.

Robotron writes:

Wealth inequality stands at its highest since the turn of the 20th century - the so-called 'Gilded Age' - as the proportion of capital held by the world's 1,542 dollar billionaires swells yet higher. The report, undertaken by Swiss banking giant UBS and UK accounting company PwC, discusses the roles technology and globalization play in the status quo, and appears two weeks after the IMF recommended that the rich should pay more tax to address the enormous disparity.

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  • (Score: 2) by fyngyrz on Sunday October 29 2017, @05:10PM

    by fyngyrz (6567) on Sunday October 29 2017, @05:10PM (#589116) Journal

    Nah, they're just confused about what words mean. :)

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