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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 mosquito is the state bird of New Jersey.
-- Andy Warhol
(Score: 2) by The Mighty Buzzard on Saturday January 27 2018, @06:09PM (1 child)
Every citizen with a 401k is a shareholder of something or other. Or do you only want to muzzle those who have reason to disagree with you?
My rights don't end where your fear begins.
(Score: 2) by Pino P on Sunday January 28 2018, @03:42AM
An investor with a 401(k) pension account exercises his free speech by investing in a corporation with whose ethics he agrees.