Summary
Oxfam’s 2024 inequality report revealed a record $2 trillion increase in billionaire wealth, reaching $15 trillion, while global poverty rates remain stagnant.
The top 1% own 45% of all wealth, and 44% of people live on less than $6.85 daily.
Oxfam predicts five trillionaires within a decade, citing inheritance and cronyism as key wealth drivers. Elon Musk may become the first trillionaire by 2027.
Oxfam calls for tax reform, monopoly regulation, and income redistribution to address inequality.
Critics warn unchecked wealth concentration threatens democracy and economic fairness.
We should be so lucky, we’ll be dead by then. Because it’s going to need to get a lot worse before things change. It won’t be pleasant.
We still have a lot of steps to go. Heck, we haven’t even had civil unrest, let alone civil disobedience. At this rate Civil War II will happen via social network. I guess that lowers the casualties?
Tomorrow will be that round-up in Chicago. That should be very telling.
But it can’t happen on social network.
It can if we just use emoji.
🖕🇺🇸🔥✝️👎🔫🤑😵🏴☠️