Oxfam: Eight Men Have the Same Wealth As Poorest Half of World

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Just eight men hold the same amount of wealth as the poorest half of humanity, according to new data compiled by Oxfam. Released to coincide with the annual World Economic Forum meeting of political and business leaders in Davos, Switzerland, and the impending inauguration of U.S. President-elect Donald Trump, Oxfam said that new and better data…

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Professor Mike

Professor Mike is a left-leaning, dog loving, political junkie. He has written dozens of articles for Substack, Medium, Simily, and Tribel. Professor Mike has been published at Smerconish.com, among others. He is a strong proponent of the environment, and a passionate protector of animals. In addition he is a fierce anti-Trumper. Take a moment and share his work.
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Dan
7 years ago

Neil. You said it better and quite a bit more directly. I essentially agree. In a way it’s a somewhat meaningless article. I’m doing ok with one exception. I really don’t think I’m doing as well as I was ten years ago? Do I think the rich guys are getting it instead of me? Not really. I just want a level playing field from a tax point of view. Otherwise no problem.

7 years ago

I don’t care.

As long as my family and immediate friends are ok I really couldn’t care less.

I can’t stop the extremely wealthy being extremely wealthy so screw it.

Me and my family are ok, my immediate friends are ok.

Fuck everyone else.

I don’t make life as it is. i just make sure me and mine are ok.

Valid story but nobody can ever ever ever change it so look after you and yours mate. All we can do.

Dan
7 years ago

I read this story and was, frankly, incredulous. Then I read a story that even if manufacturing is brought back to the U.S. it wouldn’t create one job. They’d all be automated. Do I blame rich people for getting richer? I can only blame them for their greed but quite often accumulating wealth is as much a hobby as a profession. If you have a talent for something we all gravitate towards using it. From where I stand technology is as much a problem as a benefit and is leading the charge in the separation of the haves from the have nots. So, like most stories this one essentially looks at the problem (if it is a problem?) from one side. Maybe the problem is just plain too many uneducated people. I am just as frustrated with the ignorance as I am with the greed. It’s equal. If this makes no sense it’s because I’m probably one of the uneducated ones.

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