– ”the economic elite is seizing political power to manipulate the rules of the economic game”
80% believe laws crafted for the wealthy, says Oxfam Intermon
20 January, 16:02
(ANSAmed) – MADRID, JANUARY 20 – The overall wealth of the 20 richest people in Spain (77 billion euros) is equivalent to the income of the poorest 20% of the population, rendering the country the second ”most unequal in Europe”. The figures are from study released by Oxfam Intermon, which also notes that ”the economic elite is seizing political power to manipulate the rules of the economic game”. The document states that ”the case of Spain is especially worrisome”, due to the ”effect of the financial crisis and the policies adopted”, which ”have hit the medium and lower classes especially hard”. (ANSAmed).
Categories: Escalation / Destabilization Conflict