Sunday, March 4, 2018
Monday, January 22, 2018
This is Capitalism #5 - The world's richest 1% took home 82% of the wealth produced by workers in 2017
Eighty two percent (82%) of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today. The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland.
Tuesday, January 17, 2017
According to the latest report published by Oxfam eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity. Oxfam's report 'An economy for the 99%', shows that the gap between rich and poor is far greater than had been feared.