The Davos Blind Eye: How the Rich Eat the Poor and the World
The Big Lies
Prof. John McMurtry
Global Research, January 24, 2016
The just-released Oxfam Davos Report which the mass media have ignored arrestingly shows that 62 individuals – 388 in 2010 – now own more wealth than 50% of the world’s population. More shockingly, it reports from its uncontested public sources that this share of wealth by half of the world’s people has collapsed by over 40% in just the last five years.
Yet the big lies persist even here that “the progress has been made in tackling world poverty” and “extreme poverty has been halved since 1990”.