Could #climatechange bring an end to #economicinequality? Or reduce it, at least?
…by forcing a change to the #unsustainable lifestyle of the global elite [eventually]…or even threatening its very existence by challenging its core principles…
Would the #GlobalElite rather risk becoming #extinct than adapt to new ways of living?[dramatic tone intended]
A #globalwealthtax on the world’s #richest individuals would be a small step in the right direction.
#FinancialTimes
#climatechange #EconomicInequality #unsustainable #globalelite #extinct #globalwealthtax #richest #financialtimes
For Every $1 Gained by a Bottom 90 Percenter Since 2020, a Billionaire Got $1.7M - https://truthout.org/articles/for-every-1-gained-by-a-bottom-90-percenter-since-2020-a-billionaire-got-1-7m/ #GlobalWealthTax But in the first two years of the pandemic, according to a new report by #Oxfam that proportion skyrocketed to nearly two-thirds of new wealth, meaning that the top 1 percent captured nearly double the amount of new wealth received by the rest of the people on Earth. This amounts to roughly $26 trillion of new wealth gained by the top 1 percent. #FinancialDisparity
#globalwealthtax #oxfam #financialdisparity