Eye-watering inequality: a symptom of a sick system Earlier this month, Oxfam published the latest statistics on wealth inequality. They reveal that the slogan of “we are the 99 percent” really is true. The richest 1 percent globally own more than the rest of us put together. 42 billionaires own the same wealth as the 3.6 billion people who form the poorest half of the world's population.
Capitalists alarmed about capitalism Rob Sewell looks at the damning condemnations against the capitalist system being uttered by none other than the capitalists themselves. By examining the ominous warnings of the Financial Times - a key bourgeois mouthpiece - Rob explains that even the capitalists see the writing on the wall...
Tax evasion by the rich more prevalent than ever study finds – The fight for socialism is now! A recent study on tax evasion and inequality carried out by a group of Scandinavian economic researchers reveals just how big a part of the upper 0.01%’s fortunes is hidden in foreign bank accounts. On this basis, the study finds that inequality is probably far higher than originally assumed. This clearly shows how the capitalist system has reached a dead end. These contradictions can only be solved through socialist revolution.
