The 1% grabbed 82% of all wealth created in 2017

[G_j]

http://money.cnn.com/2018/01/21/news/economy/davos-oxfam-inequality-wealth/index.html


More than $8 of every $10 of wealth created last year went to the richest 1%.

By Ivana Kottasová January 22, 2018: 10:42 AM ET

That's according to a new report from Oxfam International, which estimates that the bottom 50% of the world's population saw no increase in wealth.
Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work.

"The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system," said Winnie Byanyima, executive director of Oxfam International.
The head of the advocacy group argued that the people who "make our clothes, assemble our phones and grow our food" are being exploited in order to enrich corporations and the super wealthy.

..more..

[thbobby]

1. The stuff that revolutions are made of

And caused by. Starve the poor. Deny the poor medical coverage. The rath of the poor will be overwhelming. God help us and our children.

[Cosmocat]

3. Except

We are this extreme and ...

Nothing.

It has been two months since the Rs passed a tax plan that clearly will further enable what is going on, and the people in this country who give a $hit are us, our 1/3.

Their 1/3 will defend the GOP the grave, the middle 1/3 are playing on their phones ...

[thbobby]

5. Very depressing

I believe you are correct, to a point. When the pendulum does start swinging, it may engulf more than can be imagined. Our 33% wants change in a peaceful and civilized manner. I do not know if that is possible and do not know if I welcome the coming revolution or am deathly afraid of it. But I believe (or fear) that it will come.

[Matthew28]

2. The goal of the gop

Is to make the rich at the very top have it all and everyone else can eat shit. This is why we must remove the gop!

[Kablooie]

4. Wait till next year when they get all the cash from the GOP tax plan.

They'll probably get 98%