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.
(Score: 2) by AthanasiusKircher on Saturday January 27 2018, @10:20PM (1 child)
Wow. Okay, then. I've often disagreed with you, and sometimes you've been less than articulate in replies to me. And sometimes a bit of a jerk. But you've never downright been an an inarticulate ass AND jerk to me when I've offered a substantive reply to you.
You have just proven yourself to be a true troll, not deserving of my time anymore. I've occasionally enjoyed debating with you, but if you're going to act like this, I won't bother talking to you anymore.
It's been weird, Mr. Buzzard. Farewell and cheers!
(Score: 0) by Anonymous Coward on Sunday January 28 2018, @01:00AM
Another user finally sees the truth!