Feb 3, 2014
“The bottom half of the world’s population owns less than the richest 85 people in the world,” noted a report from the nonprofit Oxfam, at the same time that some of the wealthiest individuals on the planet gathered together for the World Economic Forum in Davos, Switzerland.
These 85 billionaires are quite well known. The winning pair consists of Carlos Slim, the Mexican telecommunications magnate, and Bill Gates, the CEO of Microsoft. Each one has a net worth of more than 50 billion dollars.
Coming at a time when we are told that the government has no money to spend, these figures speak volumes!
The mere fact that 85 people possess the same amount as half of the human race says a great deal about the madness of capitalism, which acts like a huge vortex sucking all of the wealth into one tiny part of society.
At the same time that money is overflowing out of the bourgeoisie’s pockets, it impoverishes the working class. But reality will catch up to it. Sooner or later, workers will demand what is rightfully theirs.