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Old January 22nd, 2018, 04:43 PM   #1
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World’s richest 1% bagged 82% of global wealth in 2017,while poorest half got nothing

World’s richest 1% bagged 82% of global wealth in 2017, while poorest half got nothing – Oxfam

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The inequality crisis is worsening, according to a new study by global charity Oxfam, which found that the world’s richest 42 people own the same amount of wealth as the poorest 50 percent worldwide.

The annual report showed that 2017 saw the biggest increase in the number of billionaires in history, with new ones created at a rate of one every two days. Their wealth has increased by 13 percent a year on average in the decade from 2006 to 2015.

The fortunes of the super-rich increased by $762 billion in just 12 months to March 2017 which is enough to end extreme poverty seven times over. Nine out of 10 of the world's 2,043 billionaires were men.

“Eighty two percent of the new wealth created has gone to [the] top 1 percent, while 0 percent has gone to the world’s poorest 50 percent,” said the report.

According to Mark Goldring, chief executive of Oxfam, the statistics signal that “something is very wrong with the global economy.”

“The concentration of extreme wealth at the top is not a sign of a thriving economy but a symptom of a system that is failing the millions of hard-working people on poverty wages who make our clothes and grow our food,” he said.
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Old January 22nd, 2018, 04:48 PM   #2
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Old January 23rd, 2018, 12:34 AM   #3
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Its been the same since some ape a gazzilion years ago smacked is mate over the head with the arse bone of a giraffe and nicked his bit of dead squirrel.... nothings changed
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Old January 23rd, 2018, 03:45 AM   #4
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Its been the same since some ape a gazzilion years ago smacked is mate over the head with the arse bone of a giraffe and nicked his bit of dead squirrel.... nothings changed
No - a servile ape yawned then too, before licking its master's arse!
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Old January 23rd, 2018, 04:22 AM   #5
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No - a servile ape yawned then too, before licking its master's arse!
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Old January 23rd, 2018, 06:12 AM   #6
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No - a servile ape yawned then too, before licking its master's arse!
...yup that's what I said...nothing's changed....never will.

I thinks its called success..??
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Old January 23rd, 2018, 06:15 AM   #7
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...yup that's what I said...nothing's changed....never will.

I thinks its called success..??
INDUBITABLY!

numan FAILED, making bad choices and is extremely bitter.


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Old January 24th, 2018, 04:59 AM   #8
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...yup that's what I said...nothing's changed....never will.

I thinks its called success..??
Not in my view. 'Archaic value system' maybe.
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Old January 24th, 2018, 05:33 AM   #9
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Not in my view. 'Archaic value system' maybe.
So stealing from the rich to give to the poor is modern?
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Old January 24th, 2018, 01:09 PM   #10
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Its been the same since some ape a gazzilion years ago smacked is mate over the head with the arse bone of a giraffe and nicked his bit of dead squirrel.... nothings changed
It is interesting that in the English-speaking world books and movies about human evolution tend very much to stress competition and violence in the societies of Original Peoples, while in other countries much more stress is laid upon co-operation and friendly interaction.

Perhaps "nature red in tooth and claw" says more about economic and social conditions in countries run by billionaire oligarchs than it does about the nature of archaic societies.
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Old January 24th, 2018, 01:23 PM   #11
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while in other countries much more stress is laid upon co-operation and friendly interaction.
Interesting. I consider you one of the most unfriendly people I have ever encountered. You seem to hate everyone.
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Old January 24th, 2018, 01:59 PM   #12
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Interesting. I consider you one of the most unfriendly people I have ever encountered. You seem to hate everyone.
Argumentum ad personem --- a logical fallacy.

It just seems that way to you because, like so many Americans, you are very defensive, tetchy, without a sense of humor, and oblivious to the finer points of satire.
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Old January 24th, 2018, 02:07 PM   #13
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Interesting. I consider you one of the most unfriendly people I have ever encountered. You seem to hate everyone.
I thought it was just me!!!
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Old January 24th, 2018, 02:20 PM   #14
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I thought it was just me!!!
No, no, Ralph, you don't hate everyone; you obviously love Trump and other satanic exploiters of the human race.
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Old January 24th, 2018, 02:26 PM   #15
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No, no, Ralph, you don't hate everyone; you obviously love Trump and other satanic exploiters of the human race.
.
Your statement is contradictory. Fortunately for you, not true!

Canada:



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Old January 24th, 2018, 02:36 PM   #16
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Argumentum ad personem --- a logical fallacy.

It just seems that way to you because, like so many Americans, you are very defensive, tetchy, without a sense of humor, and oblivious to the finer points of satire.
.
Just pointing out an very obvious contradiction in your statements.
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Old January 24th, 2018, 05:40 PM   #17
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My wealth affords me nasal hair extensions.

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Old January 25th, 2018, 04:11 AM   #18
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So stealing from the rich to give to the poor is modern?
How can anyone steal his thievings from Al Capone, Mug?
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Old January 25th, 2018, 05:47 AM   #19
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How can anyone steal his thievings from Al Capone, Mug?
The IRS IS organized crime.

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