World News@lemmy.worldEnglish · 3 days ago

Rich people are a threat for democracy, Oxfam finds

euobserver.com

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Rich people are a threat for democracy, Oxfam finds

euobserver.com

schizoidman@lemmy.zip to

World News@lemmy.worldEnglish · 3 days ago

129

Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy's entire GDP of €2.2 trillion and approaching France's €2.9 trillion economy, a new Oxfam report found.

cross-posted from : https://lemmy.zip/post/57305272

Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy’s entire GDP of €2.2 trillion and approaching France’s €2.9 trillion economy, a new Oxfam report found.

Archived version: https://archive.is/20260118190308/https://euobserver.com/health-and-society/ara3abf5ee

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2 days ago

ultra-wealthy are verifiably sociopathic. Capitalism literally rewards those who posses the least empathy, the most.

And so the fall to not only plutarchy, kleptarchy, oligarchy and monopoly ensues, but also already to malarchy and kakistarchy.

Thanks the corporation (and the unfortunately necessary sequel).

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