Wednesday 3 August 2011

Inequality

The Daily Mail has reported that since 1977 the share of national income going to those on the bottom half of the earnings ladder [sic] has fallen by a quarter, while the slice going to the top 1% has increased by half.

In a resource based economy, with no money, there would be no possibility of the rich lending out their surplus money to the poor, with interest, so that those who have the most constantly get more.

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