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'Global Oligarchy' Reigns as Top 1% Controls More Wealth Than Bottom 95% of Humanity
(www.commondreams.org)
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this post was submitted on 23 Sep 2024
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Not quite. 1% of global population is ~80 million people. There are about a billion people in the highly developed nations (US, Canada, Western Europe, Japan, South Korea, and some minor others). So the top 8% of the golden billion, if we assume all in the US, the top ~25% of the country.