Showing posts with label World Economic Forum. Show all posts
Showing posts with label World Economic Forum. Show all posts

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.