I have posted this before and it needs to be shared again and again. This is truly breathtaking in the scope of its immorality, greed, power, evil, and enormity of suffering that this fact embodies. The profound tragedy is that there is enough abundance on Earth for all to have access to clean water, food, housing, healthcare. The vital changes needed will not happen, however, as long as we are ignorant and don't know truths such as this, or are apathetic and assume this is normal, or tolerate that just eight men own same wealth as half the world. Another world is possible. Tag, we are all it! - Molly
The eight richest people in the world, all men, together own about $426 billion, according to the report from the charity Oxfam.
On the opposite end of the spectrum: The poorest half of the world’s population, some 3.6 billion people, collectively own about $409 billion in wealth, said the report, the latest installment in a series of annual inequality reports.
“It is obscene for so much wealth to be held in the hands of so few,” said a statement from Oxfam executive director Winnie Byanyima.
“Across the world, people are being left behind,” added Byanyima. “Their wages are stagnating yet corporate bosses take home million dollar bonuses; their health and education services are cut while corporations and the super-rich dodge their taxes; their voices are ignored as governments sing to the tune of big business and a wealthy elite.”
Please continue this article here: https://www.bostonglobe.com/metro/2017/01/18/rich-people-own-much-money-half-world-report-says/y6az3Wtasd5TIf9Q6k3I4K/story.html