According to analysis by Oxfam, the “richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years)”. 63 cents of every dollar of new wealth made in the last two years has gone to the top 1%. Moreover, “According to new analysis by the Fight Inequality Alliance, Institute for Policy Studies, Oxfam and the Patriotic Millionaires, an annual wealth tax of up to 5 percent on the world’s multi-millionaires and billionaires could raise $1.7 trillion a year, enough to lift 2 billion people out of poverty, fully fund the shortfalls on existing humanitarian appeals, deliver a 10-year plan to end hunger, support poorer countries being ravaged by climate impacts, and deliver universal healthcare and social protection for everyone living in low- and lower middle-income countries.”

The top 10% own 85% of the world’s wealth according to UN analysis. So if you are one of the 7.1 billion or so that aren’t in that top 10% then you’re fighting for your share of that last 15%. That bright and wonderful future we’ve all been promised where there’s enough production for everyone to work fewer days if they want to afford luxuries and no one has to worry about having a house and food? We’re there NOW and have been for several years. There’s enough wealth to take care of everyone in the world and our reality is what humanity is doing with those possibilities.