World's eight richest people have same wealth as poorest 50%

Larry Elliott, The Guardian, Jan 16, 2017
Commentary by Stephen Downes
files/images/wealthycanadians.jpg

This is a placeholder for when I need to respond to arguments like "we can't afford free tuition" or "OERs must be sustainable". The money does exist, however, it has been concentrated into the hands of a very few, where it serves nobody but them. In Canada the situation isn't really better where just two people (pictured) have the same wealth as a third of the rest of the Canadian population. This also explains why education alone will not solve poverty and inequality; we need policy changes at a higher level.

Views: 0 today, 1150 total (since January 1, 2017).[Direct Link]
Creative Commons License. gRSShopper

Copyright 2015 Stephen Downes ~ Contact: stephen@downes.ca
This page generated by gRSShopper.
Last Updated: Nov 22, 2017 04:00 a.m.