Perhaps the quote of the week/month/year/decade – it’s that remarkable.
“It is staggering that in the 21st Century, half of the world’s population – that’s three and a half billion people – own no more than a tiny elite whose numbers could all fit comfortably on a double-decker bus.” – Winnie Byanyima, the Oxfam executive director who will attend the Davos meetings.
The Guardian article on the Oxfam report on wealth inequality, as well as the Oxfam summary and paper. For those doing LD, pages 16-17 have some must-read comments that will upset no small number of Neg cases.
We, as adults, are releasing you (high school students) into the world real soon now. Is this the world you thought you were going to get, or that you want to have? While coming of age during the war in Vietnam was no fun, this is something else…
Update: Krugman addresses the issue of the ‘deserving’ rich. Compare today’s articles with the Polk and McGregor articles posted yesterday.