In January, billionaires amassed more wealth than the poorest third of humanity owns
www.oxfamamerica.org
Billionaire wealth surged by over $300 billion in the first month of the year. It would take 15 million workers an entire
  • Billionaire wealth surged by over $300 billion in the first month of the year. It would take 15 million workers an entire year to make as much money.
  • Since G20 Finance Ministers agreed to work together to effectively tax the super-rich in July 2024, billionaires have pocketed over $1 trillion in new wealth.
  • More than 50 organizations from across the world are urging G20 leaders to tax the super-rich to end extreme inequality, and invest in climate, environmental and social action.
  • Cyborganism@lemmy.ca
    36·
    4 days ago

    Every year…

    I honestly don’t care anymore. What’s the point of getting outraged over this when we could be speding that time and energy into building guillotines.

    • agamemnonymous@sh.itjust.worksEnglish
      6·
      3 days ago

      I’ve said it before and I’ll say it again: guillotines are not the answer. Modern people won’t respond to it. Too old school, too boring, you need a spectacle.

      On an unrelated note, woodchippers are cheaper than you’d think.

  • Tezzerets_Tea_Time@lemmy.world
    9·
    3 days ago

    Wild how much Musk’s wealth surged after the election and has only slowed its growth due to Tesla stocks suffering from their bullshit

    • Bob Robertson IX @discuss.tchncs.deEnglish
      2·
      3 days ago

      It truly is a brilliant way to make bribes and under-the-table payments… just pump up a guy’s stock. You make him richer, and you could potentially get richer as well. And it’s legal.

  • Valmond@lemmy.world
    4·
    3 days ago

    Time to invent a new currency

    Edit: lots of economy illiterate people here it seems, it’s important, go learn some!

    • enkers@sh.itjust.works
      7·
      3 days ago

      The billionaires are already in the business of inventing new currencies as a method of wealth extraction. So unless the new currency is billionaire scalps, it’s not going to do anything.

      • admin@sh.itjust.works
        2·
        3 days ago

        Awe fuck. Time to go back to grow our food and learn a trade so we all can trade our skilled labor/services in some sort of online marketplace that doesn’t use a currency.

        • Valmond@lemmy.world
          1·
          3 days ago

          You always end up with a currency. But if it’s a finite, redistributed (so, collected and redistributed) it can work. IMO.