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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.
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Only 1% of World's Population Grabbed 82% of all 2017 Wealth
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
poverty, n.:
An unfortunate state that persists as long
as anyone lacks anything he would like to have.
(Score: 2) by The Mighty Buzzard on Saturday January 27 2018, @04:23PM
That's at least a rational argument. An easily dismissed one because "paying protection money to the mob" is never going to be on sound ethical ground, but it is rational which is more than can be said for every other argument so far.
And you lost it. Helping the poor is the decent thing to do. Robbing someone's house to do so is not.
My rights don't end where your fear begins.