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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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squatcho, n.:
The button at the top of a baseball cap.
-- "Sniglets", Rich Hall & Friends
(Score: 2) by Gaaark on Saturday January 27 2018, @08:36PM (1 child)
Unfair only if you have politicians who accept (are allowed to accept) money to make things favour them, or that they can (illegally/immorally? can't come up with the right word) make things favour them above others.
Let the rich make their money, yes hell yes: just don't let them change the system to favour them above another.
Make money? Fair
Corrupt the system to favour you? Unfair
--- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---
(Score: 0) by Anonymous Coward on Sunday January 28 2018, @12:58AM
You think scuzzy would hold to his promises any better than frumpy?