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Subject 'BILLIONAIRE BOOM': WHILE WORLD'S RICHEST 1% TOOK 82% OF ALL NEW WEALTH IN 2017, BOTTOM HALF GOT ZERO, ZILCH, NADA

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[quote:'BILLIONAIRE BOOM': 71217129:MV8zNzQ3MjczX0UyRDQ4NzBE]
https://www.blacklistednews.com/%27Billionaire_Boom%27%3A_While_World%27s_Richest_1%25_Took_82%25_of_All_New_Wealth_in_2017%2C_Bottom_Half_Got_Zero%2C_Zilch%2C_Nada/63120/0/38/38/Y/M.html

Call it the 'Year of the Billionaire.'

In 2017, a new billionaire was created every two days and while 82 percent of all wealth created went to the top 1 percent of the world's richest while zero percent—absolutely nothing—went to the poorest half of the global population.

"The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system. The people who make our clothes, assemble our phones and grow our food are being exploited to ensure a steady supply of cheap goods, and swell the profits of corporations and billionaire investors." —Winnie Byanyima, Oxfam International

That troubling information is included in Oxfam's latest report on global inequality—titled Reward Work, Not Wealth (pdf)—released Monday. In addition to the above, the report details how skyrocketing wealth growth among the already rich coupled with stagnant wages and persistent poverty among the lowest economic rungs of society means that just 42 individuals now hold as much wealth as the 3.7 billion poorest people on the planet.
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Original Message [link to www.blacklistednews.com (secure)]

Call it the 'Year of the Billionaire.'

In 2017, a new billionaire was created every two days and while 82 percent of all wealth created went to the top 1 percent of the world's richest while zero percent—absolutely nothing—went to the poorest half of the global population.

"The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system. The people who make our clothes, assemble our phones and grow our food are being exploited to ensure a steady supply of cheap goods, and swell the profits of corporations and billionaire investors." —Winnie Byanyima, Oxfam International

That troubling information is included in Oxfam's latest report on global inequality—titled Reward Work, Not Wealth (pdf)—released Monday. In addition to the above, the report details how skyrocketing wealth growth among the already rich coupled with stagnant wages and persistent poverty among the lowest economic rungs of society means that just 42 individuals now hold as much wealth as the 3.7 billion poorest people on the planet.

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