cross-posted from : https://lemmy.zip/post/57305272

Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy's entire GDP of €2.2 trillion and approaching France's €2.9 trillion economy, a new Oxfam report found.

Archived version: https://archive.is/20260118190308/https://euobserver.com/health-and-society/ara3abf5ee

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[–] 2 points 9 months ago (1 child)

We’ve been pointing this out ever since the concept of currency became a thing, but I’m sure we will learn our lesson this time and stop doing it.

I think that this became an issue even before currency. It happened as soon as agriculture allowed for accumulation of resources, power, and wealth. I sometimes think that that was really the point when humanity took the wrong turn.

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