The Rich Get Richer

Capitalism is becoming more and more inequitable as the rich become richer and the poor become poorer. 'The wealthiest 1% will soon own more than the rest of the world's population, according to a study by charity group Oxfam. The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.' (BBC News, 19 January) , On current trends Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016. RD