The Voyager

An imbalance between rich and poor is the oldest and most fatal ailment of all the world. £7 Trillion to 75 million individuals ZERO for the remaining 3.7 Billion! #inequality #disease #wealth

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The 42 richest people in the world have as much wealth as half the world put together, Oxfam has found. Demonstrating the shocking state of global inequality today, the figures show that 82 per cent of all wealth created last year went to the richest 1 per cent. They claim that 0 per cent went to the world’s poorest half, though critics have queried this fact. Mark Goldring, CEO of Oxfam, noted the level of inequality revealed by the statistics is “unacceptable”.Read the full story here

When a working stiff demands a pay raise, it causes inflation and threatens the nation’s prosperity; when a C.E.O. gets a raise ten thousand times as large, it rewards enterprise and assures all our futures. The two phenomena, obviously, are totally separate. Only a fool or a journalist could confuse them.”

–JOHN CASSIDY

AMERICAN JOURNALIST, THE NEW YORKER, APRIL 21, 1997

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