This gross, despicable inequality is the problem, worldwide. No number of pink cap protests, valid as they may be, will alone address or relieve this horror. Protests must be universal, must include and welcome – urge - ALL the 99 percent to join in active, boisterous dissent. Protestors should demand, as starters, a vigorous wealth tax and a near 100 percent inheritance tax. Anything less is whistling in the wind. Where the hell are the leaders?
Oxfam: 82% of Wealth Created in 2017 Went to Richest 1%
JAN 22, 2018
A new report by Oxfam says global economic inequality widened last year, with 82 percent of all wealth created going to the richest 1 percent. In contrast, the poorer half of the entire world’s population received none of the new wealth at all. The report also says 2017 saw the biggest increase in billionaires in history. Ninety percent of all billionaires are men.