Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Saturday January 27 2018, @12:43PM   Printer-friendly
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.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by Aiwendil on Saturday January 27 2018, @08:33PM

    by Aiwendil (531) on Saturday January 27 2018, @08:33PM (#629123) Journal

    Ahh, you being completly against taxes leaves us at an impasse and we can't never really understand each other's point of view on this subject (with that being said, it is nice arguing with you). Personally I consider taxes to be useful, guess that is a sideeffect of the benefits that gives you over here (sweden).
    Out of curiousity - how would you fund stuff like roadconstructions, enviornmental agencies, powergrids, police, fire departments, food and water standards and such?

    Slavery is something completly different then, and is a bad rethoric.
    Theft - depends on how you see taxes, from your POV it is theft from my POV it is sane.
    It is moral (really, look up what the word mean) - if it is good or bad however depends on which moral you apply.

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2