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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.


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  • (Score: 1) by fustakrakich on Tuesday January 30 2018, @01:46AM

    by fustakrakich (6150) on Tuesday January 30 2018, @01:46AM (#630137) Journal

    Illegal aliens, illegal drugs... the market demands it all. Capitalism doesn't respect the border any more than migrating animals do.

    --
    La politica e i criminali sono la stessa cosa..