Society/Culture 80 own equal to half earth, 1% of the world’s population own more wealth than the other 99%. (oxfam)

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Selling to rich people means you can make 1,000x the cost for less product.

Who gets rich selling discretionary products to people without essentials?
Nestle?
 

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I have got no problem with disproportionate wealth, it's just a byproduct of the broken system. I have more of a problem with how the rich are acquiring and maintaining their wealth. Mainly judging off the US standard of operations; applied leverage from the lobby groups to enable only cooperative politicians to get into power, keeping the cycle ongoing of war profiteering and raping third world countries through cheap labour and resources by inflicting constant crisis in their regions. It comes from a sociopathic level of empathy encouraged through the current societal structuring.
 
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Half global wealth held by 1%: Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study found that – on current trends – by next year,1% of the world’s population will own more wealth than the other 99%.(theguardian.com)


Davos 2015
New Oxfam report says half of global wealth held by the 1%
Oxfam warns of widening inequality gap, days ahead of Davos economic summit in Switzerland


Oxfam made headlines at Davos last year with a study showing that the 85 richest people on the planet have the same wealth as the poorest 50% (3.5 billion people). The charity said this year that the comparison was now even more stark, with just 80 people owning the same amount of wealth as more than 3.5 billion people, down from 388 in 2010.


Does anyone have a power index???

Seems to have some correlation with wealth in some quarters..
 
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