Archive for January 22nd, 2014
A sick system: 85 people own the same as 3.5 billion poorest
Posted by John, January 22nd, 2014 - under Inequality, The rich.
Comments: 5
Anyone who believes that wealth “trickles down” from rich to poor would be stunned by the latest figures writes Dave Sewell in Socialist Worker UK.
The world’s richest 1 percent own 65 times more than the combined wealth of the bottom 50 percent.
And the top 85 billionaires alone have more between them than the bottom 3.5 billion people.