Friday, March 11, 2011


We are told ever day by the mass media that we are living in hard times and that we must be prepared to tighten our belts. Longer working lives, lower pensions and the threat of growing unemployment are the prospects for the working class. This period of "economic reality" does not affect the owning class of course."Carlos Slim gets even richer as he beats Bill Gates to the top of the 2011 Forbes billionaires list. Carlos Slim, the world's wealthiest man, saw his fortune jump $20.5bn last year as he beat a record 1,209 rival billionaires, including Bill Gates, Warren Buffett and British resident Lakshmi Mittal, to the top of the Forbes global rich list." (Daily Telegraph, 10 March) In case you imagine that this only applies to Mexican, American or Indian billionaires Forbes informs us that the Duke of Westminster managed to increase his stack to $13 billion last year. RD

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