This is Capitalism No #2
Sunday, January 7, 2018
This is Capitalism #2 - World's wealthiest capitalists became 1$ trillion richest in 2017, while 22,000 children die each day due to poverty
Thursday, December 28, 2017
|Tents of homeless people in|
downtown Los Angeles, California.
Monday, December 18, 2017
Dublin City Council is considering using a section of the Mountjoy prison campus to help deal with the capital's homeless problem. The Department of Justice has offered the training unit of Dublin's largest prison to the local authority, which is now considering it to house homeless people. The training unit is separated from the main section of the jail and was closed earlier this year.
At the time of its closure the unit had a capacity of 96 beds. Independent councillor Mannix Flynn said the council was considering using the facility to alleviate the city's current homelessness crisis. [...] The latest figures show there are 8,500 people without a home, 3,500 of whom are children, but there are fears the number could increase as the country heads into Christmas week, as the figures were compiled in October.
Tuesday, December 5, 2017
Source: The New Worker.
Prime Minister Theresa May earlier this year claimed she was reaching out to families that were “just about managing” to get by. But there are millions more families now who are not managing at all, thanks to her policies.
According to a report released last week by the Joseph Rowntree Foundation (JRF) there are now 3.4 million more households in Britain struggling to live on their income than there were in the year 2008—2009.
There are now just under 19 million people in Britain living below the ‘Minimum Income Standard’ (MIS), 11 million of whom are not managing but are sinking fast into a bottomless pit of debt and desperation.
Friday, July 28, 2017
According to a New York Daily News report, earlier this month, the number of homeless people living on New York City's streets surged by nearly 40% this year, according to the results of an annual count. "There were 3,892 homeless people on the street, the Homeless Outreach Population Estimate done in February found — up 39% since last year, when the number was 2,794, according to results released Wednesday" the report writes.
New York City is of course an example which highlights the great problem of homelessness that affects the United States of America. According to the official data published by the U.S. Department of Housing and Urban Development (HUD) more than half a million people - a quarter of them being children- were homeless during 2015.
Monday, January 2, 2017
The poorest half of the world's population shares a bit under the 1% of the global wealth, while the richest 10% owns the 88% of the total global wealth. The 0.7% of the world's population owns 116.6 trillion dollars!
1. The richest 1% of the world's population controls half of the global wealth. Despite the economic crisis, the number of millionaires in a worldwide scale was increased during the last 12 months of 2016.
2. According to a survey by Credit Suisse, 3.4 billion people- the 71% of the world's population- share only 7.4 trillion dollars, less than the wealth of the 2,473 billionaires around the world.
3. The total number of billionaires grew by 81% since 2009, a year after the collapse of Lehman Brothers, while their wealth was more than doubled. According to data provided by Wealth-X and UBS, 16.6 million people (0.334% of the global population) own 77 trillion dollars, which is almost the annual global GDP.
4. Approximately 211,275 millionaires (0.004% of the global population) own the 12.8% (29.7 trillion dollars) of the global wealth, while 2,325 billionaires own 7.3 trillion dollars.