'Global Oligarchy' Reigns as Top 1% Controls More Wealth Than Bottom 95% of Humanity | Common Dreams
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"The ultra-wealthy and the mega-corporations they control are shaping global rules to serve their interests at the expense of people everywhere."
  • @skibidi
    12•3 months ago

    Yes, you. And me. And probably most of the people reading this, who live in the US or another Western country

    Not quite. 1% of global population is ~80 million people. There are about a billion people in the highly developed nations (US, Canada, Western Europe, Japan, South Korea, and some minor others). So the top 8% of the golden billion, if we assume all in the US, the top ~25% of the country.