The super-wealth of an elite eight equals a staggering $427 billion – as much as humanity’s 3.6 billion poorest, struggling daily to survive, many not making it.
Oxfam highlighted unprecedented global inequality, threatening social stability. The chasm between super-rich and desperate poor is obscene. Instead of abating, wealth disparity is increasing, Oxfam explaining:
World’s Richest Increased their Wealth by $237 Billion in 2016
Sources:
Nick Beams
World Socialist Web Site 29 December 2016
Global Research, December 29, 2016
The world’s wealthiest 200 billionaires increased their net worth by $237 billion in 2016, taking their total wealth to $4.4 trillion as of the close of trading on Tuesday, an overall increase for the year of 5.7 percent, according to calculations by Bloomberg.
The major factor in the wealth increase is the surge in the US stock market since th
Written by:
Winnie Byanyima
Executive Director, Oxfam International
If we want an economy of the 1%, then GDP is very useful. It tells us all we need to know. But if we want an economy that works for us all, we have to pay attention to what it is not telling us.
In the face of a growing inequality crisis, GDP tells us nothing about the distribution of growth. When just 62 people have the same wealth as half the world’s population,
Source:
Dr. Paul Craig Roberts
Global Research, November 29, 2015
Zero Hedge reports a story from “Keep Talking Greece” that first appeared in The Times.
According to the story, the plummeting living standards forced on the Greek people by German chancellor Merkel and the European banks have forced large numbers of young Greek women into prostitution.
The large increas
Source:
Michael Krieger
Global Research, July 22, 2015
If you want to see what unrestrained parasitic financial oligarchy ultimately looks like, look no further than the humanitarian crisis in Greece turned unprecedented billionaire opportunity. With global wealth becoming systemically concentrated in the hands of “insiders,” empty flats bought for tens of
Enrique Suarez Presenting:
Pillage and Class Polarization: The Rise of “Criminal Capitalism”
Source:
Prof. James Petras
About 75% of US employees work 40 hours or longer, the second longest among all OECD countries, exceeded only by Poland and tied with South Korea. In contrast, only 10% of Danish workers, 15% of Norwegian, 30% of French, 43% of UK and 50% of German workers work 40 or more hours. With the longest work day, US workers score lower on the ‘living well’ s
Enrique Suarez Presenting:
Enrique Suarez Presenting:
The primary author of the Constitution – and later president – James Madison wrote:
The great object [of political parties] should be to combat the evil: 1. By establishing a political equality among all. 2. By withholding unnecessary opportunities from a few, to increase the inequality of property, by an
Source: Eric Zuesse
Oxfam’s recent report, “WEALTH: HAVING IT ALL AND WANTING MORE” contains shocking figures that the press haven’t sufficiently publicized; so, the findings and the reliability of their sources will be discussed here. The results will then be related to the central political debate now going on in the U.S. Presidential contests for 2016, which is about equality and inequality.
First, the findings:
1. The richest 80 individual
http://www.wix.com/suarezenrique/delta
Source: Kevin Karn, 2013
It's easy to show that the best course for the future of mankind is to reduce everyone in the world to poverty. To see this, examine the diagram below:
The diagram shows three possible income/wealth distribution scenarios for the world: the bottom scenario where everyone in the world is living in poverty; the middle scenario, where most of the wo
Global Inequality: The World’s 400 Richest Billionaires Get Richer, Adding $92bn in 2014
Presented
by:
Enrique Suarez
http://www.wix.com/suarezenrique/delta
The 400 richest billionaires in the world added another $92 billion to their names in 2014 and now sit on assets worth $4.1 trillion, but Russia’s super-wealthy have been hit by economic problems resulting from the Ukraine crisis.
The biggest winner in 2014 was China’s Jack Ma, who co-founded the Alibaba Group Holding ltd, (BABA), China’s largest
The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.
For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!
