The 1% grabbed 82% of all wealth created in 2017

in politics •  7 years ago 

More than $8 of every $10 of wealth created last year went to the richest 1%.
That's according to a new report from Oxfam International, which estimates that the bottom 50% of the world's population saw no increase in wealth.

Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work.

http://money.cnn.com/2018/01/21/news/economy/davos-oxfam-inequality-wealth/index.html?sr=twCNN012118economy0707PMStory

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