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.
Oxfam's overall conclusions are misleading - CAPITALISM IS THE ACTUAL SOURCE OF INEQUALITY.
There is no doubt that Oxfam's statistics are reliable and a valuable source. However, the conclusions made by Oxfam about the reasons of extreme global inequality- and the needed solution to the problem- consist a misleading message to the people. The misleading message is that the capitalist system can be improved and change towards a... "human economy that benefits everyone, not just the privileged few".
Oxfam points out some actual issues, such as the tax dodging by corporate companies which drive down the wages of the workers in order to maximize profit, the use of tax heavens etc. However, the heart of the problem cannot be found in theories such as the "super-charged shareholder capitalism" or "casinocapitalism". The heart of inequality the capitalist system itself- the capitalist mode of production is the root of all problems.
When Oxfam refers to the need for the creation of a "human economy", it hides the simple fact that, within Capitalism, an economy for the majority, for the working people, for the masses, isn't possible. It is also quite hypocritical from the side of Oxfam to keep calling on business leaders to play their part in building a human economy - the only part the bourgeoisie can play in Capitalism is the role of the oppressor.
The only solution for humanity lies on the total overthrow of the capitalist system. The working people, the masses in every country, must not have illusions about a supposed "human economy" within Capitalism, because Capitalism cannot be humanized. The only way out of the misery and the huge inequalities is the struggle against the capitalist exploitative system, for a new society, where the people will be the real masters of the wealth they produce.
IN DEFENSE OF COMMUNISM ©.