{"id":8474,"date":"2015-10-30T10:37:46","date_gmt":"2015-10-30T15:37:46","guid":{"rendered":"http:\/\/thewei.com\/kimi\/?p=8474"},"modified":"2015-10-30T10:38:22","modified_gmt":"2015-10-30T15:38:22","slug":"85-rich-peoples-wealth-equals-what-worlds-poorest-half-own-other-sad-economic-truths","status":"publish","type":"post","link":"https:\/\/thewei.com\/kimi\/85-rich-peoples-wealth-equals-what-worlds-poorest-half-own-other-sad-economic-truths\/","title":{"rendered":"85 rich people&#8217;s wealth equals what world&#8217;s poorest half own &#038; other sad economic truths"},"content":{"rendered":"<p><figure id=\"attachment_8475\" aria-describedby=\"caption-attachment-8475\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/thewei.com\/kimi\/wp-content\/uploads\/Screen-Shot-2015-10-30-at-11.34.44-AM.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/thewei.com\/kimi\/wp-content\/uploads\/Screen-Shot-2015-10-30-at-11.34.44-AM-1024x823.jpg\" alt=\"Rich get richer graph\" width=\"640\" height=\"514\" class=\"size-large wp-image-8475\" srcset=\"https:\/\/thewei.com\/kimi\/wp-content\/uploads\/Screen-Shot-2015-10-30-at-11.34.44-AM-1024x823.jpg 1024w, https:\/\/thewei.com\/kimi\/wp-content\/uploads\/Screen-Shot-2015-10-30-at-11.34.44-AM-225x181.jpg 225w, https:\/\/thewei.com\/kimi\/wp-content\/uploads\/Screen-Shot-2015-10-30-at-11.34.44-AM-300x241.jpg 300w, https:\/\/thewei.com\/kimi\/wp-content\/uploads\/Screen-Shot-2015-10-30-at-11.34.44-AM.jpg 1500w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-8475\" class=\"wp-caption-text\">Source: Oxfam Working for the Few Report 2014<\/figcaption><\/figure>Don&#8217;t forget: the world\u2019s 85 richest people now have as much wealth as the poorest half of the world. <\/p>\n<p>Oxfam introduces its Jan 2014 report <a href=\"http:\/\/www.oxfam.org\/sites\/www.oxfam.org\/files\/bp-working-for-few-political-capture-economic-inequality-200114-summ-en.pdf\">Working for the Few<\/a> with a quote from US Supreme Court Justice Louis Brandeis, &#8220;We may have democracy, or we may have wealth concentrated in the hands of the few, but we cannot have both.&#8221; The report is concerned with the &#8220;growing tide of inequality&#8221; and the concentration of wealth in the hands of a very few individuals.<\/p>\n<p>The report shares these startling statistics:<\/p>\n<ul>\n<li>Almost half of the world\u2019s wealth is now owned by just one percent of the population.<\/li>\n<li>The wealth of the one percent richest people in the world amounts to $110 trillion. That\u2019s 65 times the total wealth of the bottom half of the world\u2019s population.<\/li>\n<li>The bottom half of the world\u2019s population owns the same as the richest 85 people in the world.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Don&#8217;t forget: the world\u2019s 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, &#8220;We may have democracy, or we may have wealth concentrated in the hands of the few, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thewei.com\/kimi\/85-rich-peoples-wealth-equals-what-worlds-poorest-half-own-other-sad-economic-truths\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;85 rich people&#8217;s wealth equals what world&#8217;s poorest half own &#038; other sad economic truths&#8221;<\/span><\/a><\/p>\n","protected":false},"author":28,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1,564,160,565],"tags":[2126,749,2125],"class_list":["post-8474","post","type-post","status-publish","format-standard","hentry","category-all","category-money-economy","category-news-truths","category-rich-v-poor","tag-poorest-half","tag-rich-get-richer","tag-statistics"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/posts\/8474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/comments?post=8474"}],"version-history":[{"count":3,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/posts\/8474\/revisions"}],"predecessor-version":[{"id":8478,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/posts\/8474\/revisions\/8478"}],"wp:attachment":[{"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/media?parent=8474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/categories?post=8474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/tags?post=8474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}