Oxfam’s latest report, ‘Survival of the Richest’, confirms the old saying that money always goes to money.
Britain’s richest 685,000 now have more wealth than 48 million UK people combined. The richest 1% of Irish people have more than a quarter of the country’s wealth and they gained 70 times more wealth than the bottom 50% in the last 10 years.
Oxfam Ireland said, ’This rising wealth at the top and rising poverty for the rest are two sides of the same coin, proof that our economic system is functioning exactly how the rich and powerful designed it to…’ (Independent).
Yes, the system works. Just not for the likes of you.