Crony statism: Sixty-two people have the same amount of wealth as half the world, says Oxfam

Just 62 people own as much wealth as the poorer half of the global population, a new report reveals, as the widening of the gap between the rich and poor accelerates.

Crony statism: Sixty-two people have the same amount of wealth as half the world, says Oxfam 1453094888212

Crony statism: Sixty-two people have the same amount of wealth as half the world, says Oxfam 1453094888212

As the business elite converge on Davos for the World Economic Forum, an Oxfam report shows wealth is becoming further concentrated, with the number of people owning the same amount as the bottom half of humanity falling from 388 to 62 in five years.

It says a "broken" economic model underpinned by deregulation, privatisation and financial secrecy has seen the wealth of the richest 62 people jump by 44 per cent in five years to $1.76 trillion.

Read more: http://www.smh.com.au/business/the-economy/sixtytwo-people-have-the-same-amount-of-wealth-as-half-the-world-says-oxfam-20160116-gm7h6y.html#ixzz3xaFIXW1B

Crony statism: Sixty-two people have the same amount of wealth as half the world, says Oxfam

Crony statism: Sixty-two people have the same amount of wealth as half the world, says Oxfam

Anarcho-Capitalist Categorical Imperatives

AnCaps' Laissez-faire Free Trade Zone