DAVOS, Switzerland (AP) — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos.
We shouldn’t even have billionaires, let alone trillionaires. That much wealth concentrated in any one person’s hands is means that somebody somewhere is getting fleeced, whether it’s workers or consumers, something isn’t being distributed fairly.