85 richest people as wealthy as poorest half of the world!!!

I read this interesting article the other day on how wealth is distributed among the world’s population. According to a recent report of Oxfam: 85 richest people as wealthy as poorest half of the world.That means that less than a hundred people own as much as 3.5 billion people altogether!It seems that capitalism has made a privileged few extremely rich. Let me define here capitalism briefly, before I try to analyse this phenomenon. Capitalism is basically an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. Capital accumulation is one of the ...

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