Unfair carve-up for global wealth
Published 07/01/2014 | 01:30
AS we move away from the season of goodwill, the question that has to be asked is: have things really got better for the people of the world?
According to the Global Wealth Report 2013, a mere 0.7% of the world's adult population controlled 41% of the world's total wealth and the top 10% owned 86% of all global wealth.
In contrast, 50% of the world's adult population only owned 1% of the world's wealth.
Has capitalism (and its big brother globalisation) done anything for around 90% of the world's population? In my humble opinion, very little.
Chief executive, World Innovation