Top 1% grabbed 82% of all wealth in 2017: oxfam

money.cnn.com/2018/01/21/news/economy/davos-oxfam-inequality-wealth/index.html

>More than $8 of every $10 of wealth created last year went to the richest 1%.

>That's according to a new report from Oxfam International, which estimates that the bottom 50% of the world's population saw no increase in wealth.

>Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work.

>"The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system," said Winnie Byanyima, executive director of Oxfam International.

>The head of the advocacy group argued that the people who "make our clothes, assemble our phones and grow our food" are being exploited in order to enrich corporations and the super wealthy.

>The study, released ahead of the World Economic Forum in Davos, was produced using data from Credit Suisse's (CS) Global Wealth Databook.

>The report also highlights the detrimental effects of gender inequality with data that show more men own land, shares and other capital assets than women.

>Rising inequality has been a major topic at Davos for years.

>Oxfam said Monday that it is time for the global elite to stop talking about inequality and start changing their ways.

>"It's hard to find a political or business leader who doesn't say they are worried about inequality. It's even harder to find one who is doing something about it," said Byanyima.

>"Many are actively making things worse by slashing taxes and scrapping labor rights," she added.

porky really thinks he can get away with just throwing breadcrumbs at the masses.

Other urls found in this thread:

dailycaller.com/2015/10/25/1-in-2-working-americans-make-less-than-30000-a-year/
en.wikipedia.org/wiki/The_World's_Billionaires#2017
zerohedge.com/news/2018-01-22/destroying-capitalism-has-failed-narrative
twitter.com/AnonBabble

Economically times are about on par with pre WW2 conditions of inequality; however the massive caveat is that people are poor but they are not starvng.

The powers that be discovered so long as people are fed they won't go full NatSoc. You just need to keep them fed and you can take all their money, assets, land.

Expectations rise with productive capabilities. No way this can go along forever.

>lowering taxes means the poor have less money

Sage

F.T.P.

Lowering taxes means the public purse has less money. The rich will push for lower taxes on themselves, and then when people still demand government services, simply toss the state a loan ( a bond), and boom, easy money.

bump

find our the racial/religious background of this 1% and you'll change that meme flag.

>top 1% of population owns everything
>therefore we should abandon religion and start murdering 100s of millions of innocent people
nice logic

it's gon fucken trickle down and rain soon enough boys. one day over the reagan rainbow the buckets of cash await. some day

>tfw you're in the 1% world-wide
kek

>the bottom tier comparison in your example is dying of cholera
nice honey boo boo bar ya got dere

lmao, I'm a spic faggot, what am I going to suck the cock of the telecom dude fuck off.

>commie
>CNN
>in all fields

>when welfare niggers, spics, and millennials realize they're part of the 1% of the world

If you made $34,000 last year in income, you are the 1%.

dailycaller.com/2015/10/25/1-in-2-working-americans-make-less-than-30000-a-year/
>1 In 2 Working Americans Make Less Than $30,000 A Year

>world's population

Everyone is eating but poverty is growing. Poverty is a social construct that differs from society to society. It has a measurable impact. As poverty grows so does the trauma it creates. Society's will slowly sink and that final outcomes could be catastrophic.

>median fucken indl income is like 26K
>nobody even cares at that point if it's net or gross

well shit at least there's no famines yet

So all the wealth was in a big pool and they just stole 82%?
Where was this wealth kept? I want to get some before they take it all.

no worries it's all air and debt monis

ru retarded nigger what do u want?


to turn into a sGhy mrmr
\
vucking liars

And the leaf calls me retarded

C.N.T. for the win. Leftists unite.

A BETTER SYSTEM THAN THE TOP 1 GUY GRABBING 100% OF ALL WEALTH

This is pretty misleading though, because the average household income is something like $55k. The per person figure includes students, mothers, and others who only want to work part time to supplement the family's income.

WON'T LET ME UPLOAD A PIC OF YOUR TYPICAL COMMIE DICTATOR

>cnn

Reminder that Marx was part of the 1% and that his ideology brought even more poverty death and inequality than ever in every country it was forcefully installed.
Along with destruction of traditions and culture.

the stats are from oxfam

>my CIA honey pot board won't allow me to upload communist pictures
Based.

These are made on a global scale, 50% not getting better economy = africa, sand niggers and chinese rural areas.

Nothing to see here desu

Nothing wrong with that desu. Who /top 1%/ here?

spoiler: most of them are americans > en.wikipedia.org/wiki/The_World's_Billionaires#2017

Reminder that Adam Smith was part of the 1% and that his ideology brought even more poverty death and inequality than ever in every country it was forcefully installed. Along with the destruction of traditions and culture.

Capitalism kills twenty million a year, but nobody wants to discuss that. Along with inflated statistics used by western countries to keep the masses from looking into leftist ideologies deeper. But we can both play the numbers game until the wind stops blowing.

Which countries and when?

this this this

also most of us eat shit, garbage. check the cancer epidemic

yes, they stole it from your miserable slave-like life

How specifically does capitalism kill 20 million annually and where?

Whenever an American makes any sort of political commentary or analysis I immediately disregard it. Why?

Because the average American "thinker" is the ultimate armchair philosopher. They will proudly give their uneducated opinion on anything. They have no context, no real skin in the game because they haven't had war or conflict even close to their own soil since the 1800s. Their 'culture' is a fabrication made by Hollywood Jews to entice their youth with cowboy and soldier genres to serve their military industrial complex to work and die for Israel. 'Tradition' for them is stuffing themselves to the gullet with high-fat high-sugar foods and securing some shitty office 9-5 office or manual labor job enough to afford healthcare for their heart surgeries and medication.


American 'Alt-Righters' and 'traditionalists' are the worst among these. These half-breed mouth-breathing apes are the loudest advocates for an ethnostate, for the "day of the rope". Their genetic self-confusion is so dire that the word 'cuck' immediately resonates with them in any given discourse. Their understanding of the history of ideas has come from Wikipedia articles and state propaganda. They have no sense of nuance: anything even remotely resembling optimal collective activity is deemed "GOMMUNISM" as their own society institutions continues to become more bureaucratic, overrun by nonwhites, stagnant, and impoverished.

This would be all fine in dandy if these mutants were self contained, but since they outsource all their industry to street shitting cultures like China and India which expel the fetid masses of plastic and waste into our environment, the Amerimonkey's uncontrollable lust for consumption is destroy God's green Earth. We cannot tolerate it any longer.

What is to be done concerning the AQ (American Question)?

correction: he was friend with a 1%er (engels) fuck off! are you 12?

You realize this wealth gap is not occurring under capitalism right? There is no true capitalism in the west. Only big socialist systems where the market is manipulated by regulations and wealth is redistributed to others.

btw oxfam is not marxist or communist

How specifically did they do that?
How much wealth is there?
How is more created and how is the new wealth created stolen by the people who create it?
If they create more wealth, how is it stolen?

free market forcefully installed on the rest of the world dumb caca

Can you answer this question: or provide some other actual examples of these "20 million killed"?

Britain, India, USA, China, every british colony ect.

The Irish Potato Famine, the destruction of the Indian textile industry, the opium trade in China, the extraction of natural resources and forcibly created markets in America, Africa, India ect.

Fuck off cunt I'm typing and pressed the back button by accident

That's why I'm leaving this fucking shit hole and moving to Asia.

Enjoy your slavery.

>How specifically did they do that?
making you work your ass and they get the benefits. you just get back enough to keep you working more

>How much wealth is there?
where?

>How is more created and how is the new wealth created stolen by the people who create it?
speculation

>If they create more wealth, how is it stolen?
they dont create wealth, workers create wealth

How did capitalism cause the potato famine?
What markets were forced in America?

>memeflag shill stealing digits
>you can't formulate a correct opinion without having exposed your anus to communist invaders
>muh nuance
>literally a dozen other nonarguments
lol kys fegget

>muh American Question
Nigger, even if the entire planet had the balls to fight us we could at least hold long enough to send your people back to Dark Age levels of suffering before we collapsed. You ain't gonna do shit.

>capitalism is responsible for all the wealth and innovation
>we live in socialism not capitalism
fucking pick one

The 1% being referred is anyone who earns more than $32,400 USD. Given inflation and rising cost of living plus stagnating wages that's pretty fucking shocking.

Communism is for limp wristed brainlets, not revolutionaries. Kys.

Is that sarcasm? I can't tell...
I hope it's sarcasm.

Most of that "wealth" is various options, futures and other hogwash traded on the stock market.

The 1% are not taking money from the poor, they are making up imaginary money. That's what you fools fail to realize.

The Under-Man is unconvertible. He will not bow to the new truth, because he knows that the new truth is not for him. Why should he work for a higher civilization, when even the present civilization is beyond his powers ? What the Under-Man wants is, not progress, but regress regress to more primitive conditions in which he would be at home. In fact, the more he grasps the significance of the new eugenic truth, the uglier grows his mood. So long as all men believed all men potentially equal, the Under-Man could delude himself into thinking that changed circumstances might raise him to the top. Now that nature herself proclaims him irremediably inferior, his hatred of superiority knows no bounds.

This hatred he has always instinctively felt. Envy and resentment of superiority have ever been the badges of base minds. Yet never have these badges been so fiercely flaunted, so defiantly worn, as today. This explains the seeming paradox that, just when the character of superiority becomes supremely manifest, the cry for levelling "equality" rises supremely shrill. The Under- Man revolts against progress! Nature herself having decreed him uncivilizable, the Under-Man declares war on civilization.

These are not pretty facts. But we had better face them, lest they face us, and catch us unawares. Let us, then, understand once and for all that we have among us a rebel army the vast host of the unadaptable, the incapable, the envious, the discontented, filled with instinctive hatred of civilization and progress, and ready on the instant to rise in revolt.
---- The Revolt Against Civilization-The Menace of the Under Man

Britain refused to send Ireland aid literally by citing Adam Smith and saying it would cause dependency, even as the landlords took the crops they did have and ship them off where they could get a profit.

Britain specifically created the American colony as a place to sell finished goods and extract natural resources. This was their colonial model all over the world, this is well established in the history of political economy.

People here blaming the wealth gap on "capitalism" need to understand the following:

What you refer to "capitalism" is called
>"Free" Market

And the Free Market is working just fine, some people's services are valued more useful to the society than others.

Whats failing is Democracy, Murricans should know this very well.

It's just that there aren't very many critical studies of Democracy since any country making such is a democratic country these days.

I wholeheartedly recommend checking Democracy in America by Alexis de Tocqueville

ESPECIALLY because the writer sees some dark possibilities happening by exploiting the bad sides of democracy,

spoiler alert:
those dark sides are very clear and present in USA, both to left & right now thanks to Trump.

its not dud, are you dumb?
"Oxfam was founded by a group of Quakers, social activists, and Oxford academics"
they want to end famine not social classes dud.

Hey ya'll look at this post and tell me it wasn't written by a cult leader lol

wealth isn't a finite pool

is this fresh pasta? i haven't seen this one yet.

>calculating "wealth" as assets-liabilities
>therefore students in debt have no wealth
>therefore people without pending loans belong to the top 1% even if they have meager assets
if commies would take the time to do the fucking mathematics, they'd stop being commies... they're just pure rhetorics

>making you work your ass and they get the benefits. you just get back enough to keep you working more
So what is the alternative?

How specifically does speculation create and steal wealth?

You then indicated that workers create wealth. Could you explain your contradiction please?

Interesting.

What's the matter, Gomrade. Hitting a little close to home.

Tell us, friend. What do you do for work? Who is stealing your production?

What do suppose your role would be in the new worker's paradise if we had a gommunist revolution this year?

N O

nigga you go to a sandwhich shop one day, get your ass a turkey club and some lardass grabs it and bites off 80% of it, it's really gonna matter that much to you if you come back tomorrow and order a bigger sandwhich. fucking cuck.

they insist that you accept all of their historical context
but when you bring up the historical context of government regulation continuing to increase......

no what?

Yea we don't live under complete communism you dunce... here is an article for you that came out today relating to this exact topic... we do not have true capitalism in today's world. We have heavily regulated economies with socialist leanings.

zerohedge.com/news/2018-01-22/destroying-capitalism-has-failed-narrative

i cant answer your questions like that because they are already formulated assuming that rich people create wealth and thats not true. tell me how they create it. are they midas? tell me more plis

Out of curiosity, are you upset for me when the government steals from me too? Or just when my boss does?

you are also doing rethorics dud

In truth he doesn't give a shit who steals from YOU

lol you seem to misunderstand buddy. whether revolution happens or not depends entirely on the stupidity of the ruling class. what happens to me is irrelevant in that context. The way things look now, it seems they'd be just as willing to commit suicide by ecological catastrophe, at the very least I'd like society to be run by less suicidal interests, and the masses fit that bill better.

Hey since communism is such an uber awesome system that is perfect and has no flaws and all of humanity will prosper under it, why did most communist countries go under in 1989?

>durr its on a global scale

Lets completely ignore the fact that workers wages have stagnated and that if you factor in inflation, workers earn even less than they did 40 years ago. Inb4 avg income has increased. Yes, because the rich are making astronomical profits which is skewing avg income upward.

Read the comments previous to mine.
My questions are in response to the answers I was given.

rethorics supported in an arithmetic operation

Talking solely about the west here, idgaf about africans making 3 instead of 2 dollars a day now.

Nah. It seems like he does.
I am willing to believe his intentions are pure.

>Fin fag blames democracy
>fails to realize that is regulations and socialism brought on by mob rule democracy
>because nordes love their socialism and will never be able to put two and two together

Oxfam manipulate their financial data.
During years where they were spending a huge chunk of their money on advertising, did record-breaking concerts that never break even, had tonnes of street collectors (only 10% at best goes to charity from those sources) and leaked money in other ways, they claimed 90%+ of the donations went to a good cause. I guess they have a different definition of what a good cause is.
They are very politically active, and always try promoting socialism, in africa and left-wing parties in general. They're part of africa's problem.

capitalists and the sate are simply two different sides to the same ruling class.

So is that a yes?

I've been knowing

>Have bigger fishing nets than most
>People are surprised when you catch more fish

Why are communists fucking retarded?

>calls republics democracies
>calls social democracy socialism
>calls oligarchy mob rule
you can't make this shit up

sure

Food will be the last thing taken. Then it will only take days for them to have it all.

Cool. When are you going to start the revolution?

thats why i said they are no communist. you answered yourself there

Which is these statements is most true?

Jews, they are responsible for holding the majority of the money for ironically being a minority people.

Jews, they are responsible for complaining about the majority of money being held by the majority people.