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Wealth of Richest 1% 'Equal to Other 99%

Business  (tags: business, consumers, corporate, economy, money, SustainableDevelopment, Capitalism, Free market, Competion, Future of Capitalism, Oxfam, marketing, foreclosures, Global capital, one percent, The rich )

Steven L
- 1244 days ago -
The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam. It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality. What free market?


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Cindy Brickner (4)
Sunday January 17, 2016, 10:28 pm
This economic inequality is not only wrong, it is IMMORAL!!!!!*

Past Member (0)
Sunday January 17, 2016, 10:34 pm

Animae C (509)
Monday January 18, 2016, 5:24 am
It's disgraceful!!!

Thanx Steven

Janet B (0)
Tuesday January 19, 2016, 12:34 pm

Birgit W (160)
Tuesday January 19, 2016, 1:00 pm
As long as our corrupt governments works closely with the 1% there will be no changes unfortunately. Cynthia B. says it all.

Lois Jordan (63)
Tuesday January 19, 2016, 1:37 pm
Noted. Thanks, Steven.
I like the suggestions made by Oxfam in this article. Yes, wealth is flowing upwards out of our pockets and into the pockets of the wealthiest who have no need for it. Raise their taxes. Anyone making $1 million or more should be taxed progressively.

Roger G (148)
Tuesday January 19, 2016, 3:33 pm
sadly nothing new, it has been so for the last 5,000 years of known history !

Kate Kenner (215)
Tuesday January 19, 2016, 3:54 pm
That is disgusting.

Roslyn McBride (26)
Wednesday January 20, 2016, 12:11 am
Hate to say it, but what's new?

Janis K (129)
Wednesday January 20, 2016, 7:43 am
Thanks for sharing

Janet B (0)
Wednesday January 20, 2016, 6:01 pm

Past Member (0)
Wednesday January 20, 2016, 10:02 pm
Greed is as old as humans.
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