This will absolutely blow your mind. The global anti-hunger organization
Oxfam says that the richest one percent in the world will probably control more than half of the world’s wealth within the next year.
We are headed to a world where just one percent of the population own and control more than all the rest of us combined.
• So much for free trade lifting the lives of the world’s poor.
• So much for job creators benefiting everyone.
• So much for the universal value of tax breaks for the rich.
• So much for stopping government spending to balance the budget and give more and more to the rich.
Oxfam has just blown a hole in all the arguments of the Wall Street crowd, the financial elite, and the radical right-wing.
This massive inequality and growing poverty and misery have got to be the most important issues in America and in the world.
According to a newly released Oxfam report, 80 people who top the Forbes rich list had a collective wealth of $1.9 TRILLION – the same wealth as the bottom half of the world’s population.
And the inequality has been increasing since 2010.
There is no moral, economic, or political justification for this appalling economic state of affairs!
Image source: Oxfam