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.
(Score: 3, Informative) by fustakrakich on Saturday January 27 2018, @04:19PM (1 child)
He's saying blood money should be more evenly distributed throughout the system to avoid gangrene. The analogy works.
La politica e i criminali sono la stessa cosa..
(Score: 2) by The Mighty Buzzard on Saturday January 27 2018, @04:53PM
Quite witty. Cheers.
My rights don't end where your fear begins.