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Tag Archives: rich

They say there’s no money… but the rich stay rich!

By Elaine Brunskill Take the wealth off the 1% Elaine Brunskill, Socialist Party National Committee If you save every single penny you earn for the next 52 years you could become one of the richest 10% in the UK. Mind, to do this you would need to be an average wage earner on £37,430 a year. Oh! Also, living rent ...

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Rich List billionaires: Take the wealth off the super-rich

By Lindsey Morgan If you’re in the mood for nausea, there’s nothing more sickening than The Sunday Times Rich List.  The wealth of the richest 350 people in Britain stands at £772.8 billion, and that’s despite dropping 3% since last year as the world economy has been flung into uncertain waters by increased protectionism and underlying economic crisis. The slight ...

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World’s richest billionaire buys control of Twitter

Fight for democratic public ownership of social media By Joe Fathallah, Cardiff East Socialist Party Elon Musk, currently the world’s richest billionaire, has completed the takeover of micro-blogging platform Twitter for a sum of $44 billion. The New York Stock Exchange reported on 20 October that trading in Twitter’s shares had been suspended, with the reason “merger effective”. Musk himself ...

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Robber barons own $6trn

Take the wealth off the 1% Come to Socialism 2017! By Andrew Carss, The Socialist November 2 2017 The combined wealth of the world’s billionaires has now reached an eye-watering $6 trillion. Up by nearly a fifth from last year, vast profits wringed from the workers of the world are concentrated in ever fewer hands. The most powerful force in ...

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