Will this massive concentration of economic resources in the hands of fewer people brings a significant threat to inclusive political and economic systems? ****************************************************************************** Almost half of the world’s wealth is now owned by just one percent of the population. • The wealth of the one percent richest people in the world amounts to $110 trillion. That’s 65 times the total wealth of the bottom half of the world’s population. • The bottom half of the world’s population owns the same as the richest 85 people in the world. • Seven out of ten people live in countries where economic inequality has increased in the last 30 years. • The richest one percent increased their share of income in 24 out of 26 countries for which we have data between 1980 and 2012. • In the US, the wealthiest one percent captured 95 percent of post-financial crisis growth since 2009, while the bottom 90 percent became poorer... Source: ipu.org/splz-e/unga14/oxfam.pdf
Posted on: Fri, 31 Oct 2014 07:11:51 +0000
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