Emeritus Prof Christopher May on Nostr: While we struggle with a continuing cost-of-living crisis, the billionaires are doing ...
While we struggle with a continuing cost-of-living crisis, the billionaires are doing just fine... but this is driven by (largely) asset price inflation (rising prices of shares & property).
In the G7 the UK (Oxfam have concluded) has the highest proportion of billionaire wealth relative to the rest of the economy.... nothing at all to do with fifteen years of Tory Govt., I'm sure /s
To repair society the billionaires need to be taxed more - simples!
#inequality
https://www.theguardian.com/news/2025/jan/20/wealth-of-worlds-billionaires-grew-by-2tn-in-2024-report-finds
In the G7 the UK (Oxfam have concluded) has the highest proportion of billionaire wealth relative to the rest of the economy.... nothing at all to do with fifteen years of Tory Govt., I'm sure /s
To repair society the billionaires need to be taxed more - simples!
#inequality
https://www.theguardian.com/news/2025/jan/20/wealth-of-worlds-billionaires-grew-by-2tn-in-2024-report-finds