It’s amazing how many people fail to understand the significance of income inequality; some view income inequality as somehow the result of an individual or a group of people simply lacking the work ethic or intelligence to “earn” a better life. That’s the most dangerous lie of course. It’s very unusual for a charity organization such as Oxfam to write a report that decries obscene wealth. They point out rightly the economic impact of income inequality over the entire system. In short – income inequality breaks down the entire system; it puts us all at risk. If we search out solutions to income inequality – we will find solutions to economic growth, education and prosperity.
Top 100 billionaires added $240 billion of wealth in 2012 – enough to end world poverty four times over.
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Seeded on Sun Jan 20, 2013 8:47 PM

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