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Think Equality in 2007 - 12/31/2006 6:46:07 PM   
Chaingang


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Joined: 10/24/2005
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"Richest 2 Percent Own Half the World's Wealth"
by Aaron Glantz, SAN FRANCISCO, Dec 21 (OneWorld)

http://us.oneworld.net/article/view/144146/1/

The richest 2 percent of adults in the world own more than half the world's wealth, according to a new study released by the Helsinki-based World Institute for Development Economics Research of the United Nations University.

The study's authors say their work is the most comprehensive study of personal wealth ever undertaken. They found the richest 1 percent of adults owned 40 percent of global assets in the year 2000, and that the richest 10 percent of adults accounted for 85 percent of the world's total.

In contrast, the assets of half of the world's adult population account for barely 1 percent of global wealth.

---

Consider the numbers. Consider a better future.

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"Everything flows, nothing stands still." (Πάντα ῥεῖ καὶ οὐδὲν μένει) - Heraclitus
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RE: Think Equality in 2007 - 12/31/2006 8:20:03 PM   
juliaoceania


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Joined: 4/19/2006
From: Somewhere Over the Rainbow
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That is just revolting.

And people ridicule those of us that think wealth redistribution is not a bad thing. It is not like we want to take their single wide mobile home and give it to inner city youths or something.

< Message edited by juliaoceania -- 12/31/2006 8:43:49 PM >


_____________________________

Once you label me, you negate me ~ Soren Kierkegaard

Reality has a well known Liberal Bias ~ Stephen Colbert

Great minds discuss ideas; Average minds discuss events; Small minds discuss people. Eleanor Roosevelt

(in reply to Chaingang)
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RE: Think Equality in 2007 - 12/31/2006 8:45:22 PM   
Chaingang


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Always on the grift and looking for the free ride, eh Julia?



Damned progressives!

_____________________________

"Everything flows, nothing stands still." (Πάντα ῥεῖ καὶ οὐδὲν μένει) - Heraclitus

(in reply to juliaoceania)
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