| In less than two years, if current trends continued unchecked, the richest 1% percent of people on the planet will own at least half of the world's wealth. The report also shows that even among the uber-rich there remain divisions, with an outsized majority on the list of the world's wealthiest people hailing from the United States. And it's not an accident. The world's most wealthy, as the Oxfam report documents, spends enormous amounts of their money each year on lobbying efforts designed to defend the assets they have and expand their ability to make even more. |
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