85 rich people’s wealth equals what world’s poorest half own & other sad economic truths

Rich get richer graph
Source: Oxfam Working for the Few Report 2014
Don’t forget: the world’s 85 richest people now have as much wealth as the poorest half of the world.

Oxfam introduces its Jan 2014 report Working for the Few with a quote from US Supreme Court Justice Louis Brandeis, “We may have democracy, or we may have wealth concentrated in the hands of the few, but we cannot have both.” The report is concerned with the “growing tide of inequality” and the concentration of wealth in the hands of a very few individuals.

The report shares these startling statistics: read more