SoylentNews is people
SoylentNews
posted by
martyb
on Saturday January 27 2018, @12:43PM
from the I-got-mine!-And-Yours.-And-Yours.-Annnnnd-yours,-too. dept.
from the I-got-mine!-And-Yours.-And-Yours.-Annnnnd-yours,-too. dept.
The 1% grabbed 82% of all wealth created in 2017
More than $8 of every $10 of wealth created last year went to the richest 1%.
That's according to a new report from Oxfam International, which estimates that the bottom 50% of the world's population saw no increase in wealth.
Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work.
"The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system," said Winnie Byanyima, executive director of Oxfam International.
This discussion has been archived.
No new comments can be posted.
Only 1% of World's Population Grabbed 82% of all 2017 Wealth
|
Log In/Create an Account
| Top
| 261 comments
| Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Madness takes its toll.
(Score: 1) by khallow on Saturday January 27 2018, @02:18PM (11 children)
North Korea and Burma.
(Score: 0) by Anonymous Coward on Saturday January 27 2018, @02:28PM (3 children)
By that reasoning (which is to say none at all), so is China.
(Score: 1) by khallow on Saturday January 27 2018, @05:13PM (1 child)
Funny how I don't see any reasoning on your side. Show us how it's done.
(Score: 1, Touché) by Anonymous Coward on Sunday January 28 2018, @01:03PM
I'm just following your lead.
If you don't care to explain your answers, I'm not going to care either.
(Score: 2) by legont on Saturday January 27 2018, @08:00PM
and Singapore.
"Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.
(Score: 2) by unauthorized on Saturday January 27 2018, @09:20PM (6 children)
"Show me a classless society" - "North Korea"
Brilliant. North Korea is as much communist as Augustus's empire is a republic.
(Score: 0) by Anonymous Coward on Saturday January 27 2018, @11:02PM (5 children)
Yup. Both of the examples that the nitwit gave are military dictatorships.
He not only didn't hit the bullseye, he missed the entire target.
Yet another example of repeating Cold War bullshit and attempting to use "Communist" as a pejorative where it has zero overlap.
Big hint:
Communist != Not under the thumb of USA.gov
-- OriginalOwner_ [soylentnews.org]
(Score: 1) by khallow on Sunday January 28 2018, @03:18AM (4 children)
Which happen to be Communist.
(Score: 0) by Anonymous Coward on Sunday January 28 2018, @03:39AM
Jeeeeessssusss. How do you have discussions with people who can't look beyond the surface details and believe all the propaganda shoved at them.
(Score: 0) by Anonymous Coward on Sunday January 28 2018, @03:43AM (2 children)
Some apt words to add to your vocabulary:
antithetical [google.com] antonym [google.com]
Hint: Top-down is not Communism; that's Authoritarianism.
Stalinism wasn't Communism. (Authoritarianism again.)
Even Lenin, who started out suspicious of the masses, came around before very long.
All Power to the Soviets! [google.com]
(Soviet==council; worker council; town council; et al.)
If a thing is Communism, it has Democracy ("majority rules") at its core.
Anything else that is calling itself "communism" is using the wrong term and trying to deceive you.
-- OriginalOwner_ [soylentnews.org]
(Score: 0, Flamebait) by khallow on Sunday January 28 2018, @04:05AM (1 child)
But it doesn't exclude Communism either. And contrary to assertions made by various parties in this thread, I mentioned a couple of countries where this happened that way.
(Score: 1, Insightful) by Anonymous Coward on Sunday January 28 2018, @01:15PM
What happened, which way? All you did was name two countries which are currently considered "teh evil" in the USA. Please enlighten us as to how these two countries classify as "communist". Is it because they claim to be so, and you take their word for it?