85 People, a group that could easily fit on a single subway car:
The extent to which both global wealth has become cornered by a virtual handful of so-called “global elite” is exposed in a new report by Oxfam on Monday. He warned that the 85 richest people in the world share a combined wealth of £ 1 billion , as much as the poorest 3.5 billion of the world population .
The organization fears that the development of this concentration of economic resources is threatening the political stability and increasing social tensions.
The report found that in recent decades , the rich have successfully managed to skew political influence policies in their favor on issues ranging from financial deregulation , tax havens to reduce tax rates on high incomes and cuts in public services for most. Since the late 1970s , tax rates for the wealthy have declined in 29 of the 30 countries for which data are available , according to the report .