Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
The 1% now owns 50% of world wealth
Message
From
27/01/2015 08:19:50
 
 
To
19/01/2015 14:39:30
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
General information
Forum:
Finances
Category:
Other
Miscellaneous
Thread ID:
01613922
Message ID:
01614374
Views:
39
>Or at least it will shortly:
>
>http://www.theguardian.com/business/2015/jan/19/global-wealth-oxfam-inequality-davos-economic-summit-switzerland
>
>The study also says that the world's 80 wealthiest people own more than the poorest 50% of the world.The study points to the increase of inherited wealth (over a third of the Forbes-listed billionaires inherited) with recipients using their wealth to lobby for further advantage, e.g. $550M used to lobby Washington and EU bureaucrats in 2013.
>
>Karl Marx may have been wrong about the timing of wealth concentration, but these levels are heading back to 19th century levels that resulted in sudden vigorous change, usually involving the 1% being "assisted" to share the wealth.


The pitchforks are coming ...

http://libertyblitzkrieg.com/2014/06/27/the-pitchforks-are-coming-for-us/
In the End, we will remember not the words of our enemies, but the silence of our friends - Martin Luther King, Jr.
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform