DAVOS, Switzerland (AP) — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos.
Yes, the problem of wealth concentration is going unaddressed and getting worse.
The few with more than they need to live large for a thousand lifetimes using their ill gotten, exploitation derived wealth to exploit more wealth while contributing no labor to the society they extract value from without any consideration, let alone any appreciation for the society that provided the conditions for their great wealth in the first place. In essence, our oligarchs are fracking human civilization, for nothing more than ego.
This is what happens when you pretend a problem isn’t a problem, and is in fact our purpose in life. In a crisis, the US’s first declaration is that “we must protect our beloved
societyeconomic system of systematic exploitation.” where else would such a road lead?https://markets.businessinsider.com/news/stocks/stock-market-ownership-wealthiest-americans-one-percent-record-high-economy-2024-1