Blog Archives

The Richest 1%

26 January 2014 - by YMCA International

The world’s richest 1% control half of the global wealth meaning that the richest 85 individuals own more than the poorest 50%. This Oxfam article outlines some shocking numbers:

http://www.npr.org/blogs/thetwo-way/2014/01/20/264241052/oxfam-worlds-richest-1-percent-control-half-of-global-wealth?utm_medium=Email&utm_campaign=20140126&utm_source=mostemailed

Here is another article outlining the issues of wealth distribution:

http://www.businessweek.com/articles/2014-01-20/the-worlds-85-richest-now-worth-as-much-as-3-dot-5-billion-poorest

Why is it that as a global population we have enough food, clean drinking water and resources to eradicate hunger and poverty our world and humanity is suffering? Food for thought this month.

 

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