While the vast majority of the EU’s population has become steadily poorer recently, its top five richest billionaires have increased their wealth from €244bn in 2020 to €429bn in 2023, an Oxfam report revealed on Monday (15 January).

This represents a 76 percent increase in just three years — at a rate of €5.7m per hour.

“This inequality is no accident; the billionaire class is ensuring that corporations deliver more wealth to them at the expense of everyone else,” said Amitabh Behar, Oxfam International’s interim executive director.

    • barsoap@lemm.ee
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      10 months ago

      It’s an Anarcho-Capitalist-Primitivist thing: Switch to a deindustrialised setting so that we save the planet and continue with capitalism as completely deindustrialised that’s the only way to have a sustainable and sufficient (for the current population) source of food, to wit, the rich.

        • barsoap@lemm.ee
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          10 months ago

          How can you use the rich as a sustainable source of nutrition without supporting capitalism? That’s how they grow!