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Global 1% own 43% of financial assets, 5 richest billionaires doubled wealth while 5 billion workers got poorer
The world’s richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity got poorer, according to a report by Oxfam.
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Hyper-imperialism: A dangerous decadent new stage
It has been a scant 30 years since the ‘end of history’ was declared by bourgeois ideologists in pantomimes of wish-fulfillment for sensing the inviolability of United States imperialism. For peoples’ struggles and movements feeling the boot of imperialism on their necks, no such end was in sight.
