There are now 2,043 dollar billionaires worldwide. Nine out of 10 of them are men.
In 12 months, the wealth of this elite group of 2,043 has increased by $762 billion — enough to end extreme poverty seven times over.
In the period between 2006 and 2015, ordinary workers saw their incomes rise by an average of just 2 percent a year, while billionaire wealth rose by nearly 13 percent.
Bill Gates, Jeff Bezos and Warren Buffett, the three richest people in the U.S., own the same wealth ($248.5 billion) as the bottom half of the U.S. population.
Originally published by CounterPunch – Editor Jeffery St Clair http://www.counterpunch.org/2012/05/07/hedges-vs-the-black-bloc-round-two/ by MARK TAYLOR-CANFIELD A recent article by Chris Hedges is once again causing heated arguments among activists in the Occupy Wall Street movement. “Black Bloc: The Cancer in Occupy,” was published in his syndicated Truthdig.com column back in February, but folks are now talking about […]