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Report Warns Global Economic System Is Engineered to Favour a Tiny Ultra-Wealthy Elite
A new World Inequality Report portrays a global economic structure sharply skewed in favour of a minuscule wealthy minority, revealing how concentrated wealth, regressive tax advantages, unpaid care labour, and climate impacts reinforce one another. According to the findings, fewer than 60,000 of the world’s richest individuals — enough people to pack a football stadium — now possess more wealth than half of humanity combined. The authors underscore that extreme disparities
Dec 123 min read
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