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   Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Sunday, 08-Dec-2024 03:03:13 JST Victoria Stuart 🇨🇦 🏳️‍⚧️

   in reply to

   Wealth of World’s Billionaires Doubled Over Past Decade
   https://truthout.org/articles/wealth-of-the-worlds-billionaires-has-more-than-doubled-over-the-past-decade

   https://www.france24.com/en/live-news/20241205-billionaires-wealth-more-than-doubles-in-10-years-ubs

   * driven by massive inequality
   * billionaires' fortunes grew f. $6.3 TRILLION to $14 trillion
   * planet’s total gross domestic product $105.4 trillion
   * population of just 8 billion
   * underscores extreme wealth concentration
   * # billionaires rose f. 1,757 to 2,682 over past decade

   #capitalism #billionaires #WealthConcentration #oligarchy #plutocracy meritocracy #corporations #WealthTax