A ‘Fundamentally Inhuman’ Economy: 26 Billionaires Own as Much as World’s 3.8 Billion Poorest People

By Jake Johnson ~ Common Dreams ~ While the wealth of billionaires increased by $900 billion last year, or $2.5 billion a day, latest Oxfam report on inequality shows “this bonanza has not been felt by the poorest half of the world, which saw its wealth decline by 11 percent.” With Wall Street titans, tech moguls, and other members of the global financial and political eliteĀ set to gatherĀ in Davos, Switzerland…

Read more Leave a comment