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

Larry Elliott, The Guardian, Jan 16, 2017
Commentary by Stephen Downes

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.

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