From: https://agenda.weforum.org/2015/01/the-key-factor-behind-the-rise-in-income-inequality/ from https://agenda.weforum.org/2015/01/the-key-factor-behind-the-rise-in-income-inequality/ A recent excellent article by Scott Bixby at the World Economic Forum has brought out some startling facts about the world economy, led by the US. The data is illustrated in two graphs, repeated here for discussion. The graphs show that an era that may be termed the era of economic exploitation, an era in which the rich get richer while the poor get nowhere or poorer began in 1980. It is an era of rising inequalities. The trend appears to have begun with the richest 0.1 percent in 1980 and then spread on to the 1 percent by 1985. For some reason that is not fully clear or merely coincidental this era of inequality has begun around the time of creation of the World Economic Forum and its meets in Davos. Perhaps the forum provides for a sharing of techniques ...
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