Inequality laid bare by Oxfam study

On a personal note I love it when two of my favourite sources of progressive online knowledge come together, like the edgy-John Stewart-like comedy news style of Lee “Geeky Jesus” (my nickname for him) Camp host of Redacted Tonight and anti-capitalist economist Richard Wolff, host of the Democracy@Work podcast.

You can’t love what they’re discussing in the above clip, however.  A study published by Oxfam earlier this year offers the frightening stat that 62 human beings alive today own as much wealth as 3.5 billion.  And no that’s not a typo, that’s the “illion” that begins with a “b”, so in other words half the entire planet.

Although world leaders have increasingly talked about the need to tackle inequality, and in September agreed a global goal to reduce it, the gap between the richest and the rest has widened dramatically in the past 12 months.

I suppose what it all boils down to is first, whether or not you choose to believe the report and then, if you do, whether or not you care enough to do anything about it.

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