Last updated on November 1st, 2018 at 09:19 am
“Last summer’s youth riots, Arab spring and austerity protests showed how quickly society can break down and thus, we are now seeing wave after waving of draconian measures introduced to keep the working class, victims of the banking crisis and the youth in check.”
I would argue that it’s the extreme wealth hoarders of the world who could help modern civilisation with its social and global warming problems.
In 2012, the world’s 100 wealthiest people became $241 billion richer. They are now worth $1.9 trillion: just a little less than the entire output of the United Kingdom.
Extreme wealth is very different from entrepreneurial wealth – Let me explain. (more…)