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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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(Score: 2) by acid andy on Saturday January 27 2018, @08:20PM
That's why a good ethical system should place a very high weighting on avoiding the intentional creation of significant harm. Harm is being inflicted on a small group of people to increase the wellbeing and comfort of another.
Perhaps someone might argue that people were otherwise dying in the US, so we probably need a clause that people should just never be murdered or, more realistically, people should only be killed if they are already the aggressor in a kill-or-be-killed situation.
A separate point is that its an example of meddling with someone else's already established society when they had previously had zero involvement in yours.
Master of the science of the art of the science of art.