Fewer than 60,000 people – 0.001% of the world’s population – control three times as much wealth as the entire bottom half of humanity, according to the authoritative World Inequality Report 2026, based on data compiled by 200 researchers, that argues global inequality has reached such extremes that urgent action has become essential.

theguardian.com/inequality/202…

#capitalism #socialism #anarchism #communism #leftism #workerRight #taxTheRich #eatTheRich #economy #science #research #inequality #union

Just 0.001% hold three times the wealth of poorest half of humanity, report finds

Data from World Inequality Report also showed top 10% of income-earners earn more than the other 90%

^{Jon Henley (The Guardian)}

While often complex, at its most basic both racism and sexism are mechanisms used by rich white men to deflect resentment of their entitlement & privilege onto groups that have spent years, decades trying to combat the prejudices they have confronted.

Their very success makes them a useful target of mis-direction when the entitled are looking to shift the blame for poverty, lack of opportunity & social exploitation.

The only really dangerous minority are the rich!

#inequality #racism #sexism