So times are hard, it's a struggle to pay rent/mortgage, heating and eating. It's a worry seeing to the needs of the kids. You have a crap precarious job and your pittance of a pay fluctuates, you're never sure how much you'll get in the next pay packet. Or you could be shackled to a job seekers allowance, circumstances that will dominate your life until you are sold to some greedy employer. Like I said, these are hard times, well not for everybody, while you strain and struggle to live a half decent life, there is that other class of citizen. The pampered parasite class, the rich and wealthy that live off your sweat and toil, who prosper by your poverty. The grotesque difference in wealth distribution built into this capitalist system has now reached unimaginable proportions. While you try to sort your affairs in £s, there is that other group who shuffle their income in £-billions, a lot of it to tax havens, so that they don't have to contribute to the running of our society. The cornerstone of the capitalist system, exploit the many for the benefit of the few, syphon all the wealth created up to the few at the top, and let the rest struggle and scramble for an existence as best they can.
Some new figures on that grotesque unequal distribution of wealth that is held up as a measure of success. We live in a system whose motto is "Greed Is Good".
Jeff Bezos, president and CEO of Amazon and owner of The Washington Post.
There you have it, these are hard times, well only for the many and for as long as we tolerate this crime against humanity that goes under the flag of capitalism. There is an alternative, just think about it.The world’s richest 500 people increased their collective wealth by 25% in 2019 – a stark reminder of worsening income inequality.
The 500 wealthiest people held a collective net worth of $5.9t (£4.5t) – an increase of $1.2t (£917b) over 2019 alone, according to the Bloomberg Billionaires Index. Topping the list of richest people were familiar names: Amazon founder Jeff Bezos, followed by Microsoft founder Bill Gates, French luxury group head Bernard Arnault, Berkshire Hathaway CEO Warren Buffett and Facebook co-founder and CEO Mark Zuckerberg.
The richest Briton to appear on the list was Jim Ratcliffe, the UK’s richest man and CEO of chemicals company Ineos – ranking at number 52 on the index with a total net worth of $20.8b (£15.9b). He was one of 16 people from the UK to appear on the 500-strong list. A total of 171 people on the list were from the United States.
A study earlier this year found that the 400 richest people in the US owned more than the 150 million people in the bottom 60% of the country ― and that since the early 1980s, those 400 richest Americans had tripled their wealth.
