Tuesday, April 10, 2018

BILLIONAIRES EARNED ENOUGH MONEY IN 2017 TO END EXTREME POVERTY SEVEN TIMES OVER, REPORT SAYS

Economic injustice is rooted in the politics and policies of heartlessness and greed, runaway and toxic corporate welfare, and immoral and insidious redistribution of wealth upward ― all of which are rooted in the model of Domination/control rather than Partnership/respect. We humans can and must work to evolve and create a world which works for all. ― Molly



Last year, the world’s billionaires made over $462 billion combined—enough money to end extreme poverty around the globe seven times over. With a new billionaire added to the list nearly every two days, wealth inequality widened, according to a new report from Oxfam.
Forty-two of the richest people in the world now hold as much wealth as 3.7 billion of the poorest people in the world, according to the report, released Monday by the international charitable organization. 
The report showed that about 82 percent of wealth created across the globe went to the top 1 percent. “Our broken economies reward wealth not hard work,” Oxfam International Executive Director Winnie Byanyima tweetedMonday. “Rich get richer, millions trapped in poverty wages or joblessness. Leaders must reverse this.”

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