12 billionaires have more wealth than the world population!

The Wealth of Billionaires Surpasses World Population

A recent report published by Oxfam states that the total wealth of just 12 billionaires is greater than that of the entire world population. Amitabh Behar mentioned that the wealth of billionaires increased by $2.5 trillion last year and that the growth rate of this massive accumulation has tripled compared to the past.

Political Threats and the Oligarchy Phenomenon

Behar pointed out that this enormous wealth not only poses an economic challenge but also constitutes a serious political threat. The key highlights from the report are as follows:

• The likelihood of a billionaire taking on a political role is 4,000 times greater than that of an ordinary citizen.
• Super-rich individuals are leading to an oligarchy system by buying political power through media organizations and political parties.
• 50% of global media, 9 out of 10 social media platforms, and 8 out of 10 artificial intelligence systems are owned by billionaires.

Poverty and a Wave of Protests

Behar noted that over 50% of the world's population lives in poverty, and many people cannot access basic needs such as food, water, and medicine. He emphasized that the decisions made by governments are generally aimed at further enriching the ultra-wealthy.

He drew attention to how this situation undermines the freedoms and fundamental rights of ordinary citizens and expressed that a global wave of "anger" and protests is rising.

Hopeful Policies for the Future

Behar stated that instead of being hopeless about the dark picture, there is still hope for solutions. He particularly mentioned initiatives being implemented in South America and South Africa for the fair taxation of multinational corporations and ultra-wealthy individuals.

Additionally, he emphasized that the real source of hope lies in ordinary citizens, believing that societies will hold their governments and billionaires accountable for this injustice and will build a fairer future.