Richest 0.001% Now Own Three Times More Wealth Than Poorest Half of Humanity Combined

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Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

People attend a demonstration in support of taxing the super-rich in São Paulo, Brazil on July 10, 2025.  (Photo by Miguel Schincariol/AFP via Getty Images)

“The choices we make in the coming years will determine whether the global economy continues down a path of extreme concentration or moves toward shared prosperity.”

A landmark report on global inequality published Wednesday shows that the chasm between the richest slice of humanity and everyone else continued to expand this year, leaving the top 0.001%—fewer than 60,000 multimillionaires—with three times more wealth than the poorest half of the world’s population combined.

The global wealth gap has become so staggering, and its impact on economies and democratic institutions so corrosive, that policymakers should treat it as an emergency, argues the third edition of the World Inequality Report, a comprehensive analysis that draws on the work of hundreds of scholars worldwide. Ricardo Gómez-Carrera, a researcher at the World Inequality Lab, is the report’s lead author.

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“Inequality has long been a defining feature of the global economy, but by 2025, it has reached levels that demand urgent attention,” reads the new report. “The benefits of globalization and economic growth have flowed disproportionately to a small minority, while much of the world’s population still face difficulties in achieving stable livelihoods. These divides are not inevitable. They are the outcome of political and institutional choices.”

The richest 10% of the global population, according to the latest data, own three-quarters of the world’s wealth and capture more income than the rest of humanity. Within most countries, it is rare for the bottom 50% to control more than 5% of national wealth.

“This concentration is not only persistent, but it is also accelerating,” the report observes. “Since the 1990s, the wealth of billionaires and centimillionaires has grown at approximately 8% annually, nearly twice the rate of growth experienced by the bottom half of the population. The poorest have made modest gains, but these are overshadowed by the extraordinary accumulation at the very top.”

“The result,” the report adds, “is a world in which a tiny minority commands unprecedented financial power, while billions remain excluded from even basic economic stability.”

The report comes as the world’s richest and most powerful nation, led by President Donald Trump, abandons international cooperation on climate and taxation and works to supercharge inequality by slashing domestic and foreign aid programs while delivering massive handouts to the wealthiest Americans.

Jayati Ghosh, a member of the G20 Extraordinary Committee of Independent Experts on Global Inequality and co-author of the forward to the new report, said in a statement that “we live in a system where resources extracted from labor and nature in low-income countries continue to sustain the prosperity and the unsustainable lifestyle of people in high-income economies and rich elites across countries.”

“These patterns are not accidents of markets,” said Ghosh. “They reflect the legacy of history and the functioning of institutions, regulations and policies—all of which are related to unequal power relations that have yet to be rebalanced.”

Reversing the decadeslong trend of exploding inequality will require the political will to pursue obvious solutions, including fair taxation of the mega-rich and bold investments in social programs and climate action, which is disproportionately fueled by the wealthy.

“The choices we make in the coming years,” the report says, “will determine whether the global economy continues down a path of extreme concentration or moves toward shared prosperity.”

Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

Orcas discuss Donald Trump and the killer apes' concept of democracy. Front Orca warns that Trump is crashing his country's economy and that everything he does he does for the fantastically wealthy.
Orcas discuss Donald Trump and the killer apes’ concept of democracy. Front Orca warns that Trump is crashing his country’s economy and that everything he does he does for the fantastically wealthy.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Continue ReadingRichest 0.001% Now Own Three Times More Wealth Than Poorest Half of Humanity Combined

‘Attack on Independent Science’: Trump EPA Removes All Mention of Human-Caused Climate Crisis From Public Webpages

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Original article by Stephen Prager republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

Svínafellsjökull Glacier in Iceland, which is rapidly melting due to climate change, is seen on November 4, 2025. (Photo by NPHOTOS/Getty Images)

Climate scientist Daniel Swain called it “a deliberate effort to misinform.”

The Trump administration has removed all references to human-caused climate change from Environmental Protection Agency webpages, as well as large amounts of data showing the dramatic warming of the climate over recent decades and the resulting risks.

According to a Tuesday report from the Washington Post, one page on the “Causes of Climate Change” stated as recently as October that “it is unequivocal that human influence has warmed the atmosphere, ocean, and land,” a statement that reflects the overwhelming consensus in peer-reviewed literature on climate.

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That statement is now nowhere to be found, with those that remain only mentioning “natural” causes of planetary warming like volcanic activity and variations in solar activity.

“The new, near-exclusive emphasis on natural causes of climate change on the EPA’s website is now completely out of sync with all available evidence demonstrating overwhelming human influence on contemporary warming trends,” explained Daniel Swain, a climate scientist at the University of California Agriculture and Natural Resources, who posted about the changes on social media.

The Intergovernmental Panel on Climate Change (IPCC), which examines tens of thousands of studies from around the globe, found that virtually all warming since the dawn of the industrial era can be attributed to human carbon emissions.

This can be confirmed using the Wayback Machine's last snapshot (from Oct 8, 2025). At some point between Oct 8 & Dec 8, major changes were made to this and other EPA climate change content. Information has either been removed completely or "adjusted" to emphasize natural causes.

Daniel Swain (@weatherwest.bsky.social) 2025-12-08T17:50:28.000Z

Pages about the catastrophic results of climate change have also been scrubbed: One of them allowed users to view several climate change indicators, like the historic decline of Arctic sea ice and glaciers and the increased rates of coastal flooding due to rising sea levels. That page has been deleted entirely.

Another page, which answered frequently asked questions about climate change, now no longer includes questions like, “Is there scientific consensus that human activities are causing today’s climate change?” “How can people reduce the risks of climate change?” and “Who is most at risk from the impacts of climate change?” The page provides no indication that climate change is a human-caused phenomenon, instead only discussing natural factors.

That page links to another that has since been deleted. It once provided extensive information about the risks climate change poses to human health, “from increasing the risk of extreme heat events and heavy storms to increasing the risk of asthma attacks and changing the spread of certain diseases carried by ticks and mosquitoes.” Another deleted page discussed the impacts of climate change on children’s health and low-income populations.

“This is, I think, one of the more dramatic scrubbings we’ve seen so far in the climate space,” said Swain. “This website is now completely incorrect regarding the changes in climate that we’re seeing today and their causes… It’s clearly a deliberate effort to misinform.”

During his 2024 campaign for reelection, President Donald Trump and his affiliated super political action committees received more than $96 million in direct contributions from oil and gas industry donors, according to a January report from Climate Power. Since retaking office, he has moved to dramatically expand the extraction and use of planet-heating fossil fuels while eliminating investment in clean energy and electric vehicles.

Rachel Cleetus, senior policy director for the Climate and Energy Program at the Union of Concerned Scientistssaid, “Deleting and distorting this scientific information only serves to give a free pass to fossil fuel polluters who are raking in profits even as communities reel from extreme heatwaves, record-breaking floods, intensified storms, and catastrophic wildfires.”

Cleetus said that the purging of climate information from EPA sites was a prelude to “the likely overturning of the endangerment finding, a legal and scientific foundation for standards to limit the heat-trapping emissions driving climate change and threatening human health.”

In July, EPA Administrator Lee Zeldin unveiled a proposal to rescind the 2009 finding, which determined that climate change endangers human life and serves as the legal basis for greenhouse gas regulations under the Clean Air Act.

Undermining climate science is core to that effort, which Andrew Dessler, a climate scientist at Texas A&M, said at the time, “could unravel virtually every US climate regulation on the books, from car emissions standards to power plant rules.”

Shortly after Zeldin announced the rule change, the Department of Energy cobbled together a “Climate Working Group” comprising five authors handpicked by Secretary Chris Wright to produce a climate report that disputes the IPCC’s findings and the scientific consensus on climate change.

The report did not undergo peer review and omitted around 99% of the scientific literature the IPCC relied on for its comprehensive findings. A group of climate scientists that independently reviewed the paper found that it “exhibits pervasive problems with misrepresentation and selective citation of the scientific literature, cherry-picking of data, and faulty or absent statistics.”

Cleetus said Tuesday that “EPA is trying to bury the evidence on human-caused climate change, but it cannot change the reality of climate science or the harsh toll climate impacts are taking on people’s lives… This isn’t just about data on a website; it’s an attack on independent science and scientific integrity.”

Original article by Stephen Prager republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
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Continue Reading‘Attack on Independent Science’: Trump EPA Removes All Mention of Human-Caused Climate Crisis From Public Webpages

UN Report Estimates Bold Climate Action Would Deliver $100 Trillion in Benefits by 2100

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Original article by Brad Reed republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

Houses in the so-called ‘smart city’ of Etteln, Germany, are seen equipped with solar panels on the roofs on June 6, 2025. (Photo by David Inderlied/picture alliance via Getty Image

“If we choose to stay on the current path—powering our economies with fossil fuels, extracting virgin resources, destroying nature, polluting the environment—the damages would stack up.”

A new report from the United Nations Environment Program has found that addressing the global climate emergency would deliver major economic benefits, in addition to creating a cleaner and more habitable planet.

The seventh edition of the Global Environmental Outlook (GEO), released on Tuesday, estimates that making up-front investments in climate action now would begin to yield global macroeconomic benefits starting in 2050, potentially growing to $20 trillion per year by 2070 and $100 trillion by 2100.

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The report, which was the product of nearly 300 multi-disciplinary scientists across more than 80 countries, argues that a total of $8 trillion in annual investment from this year until 2050 would be needed to achieve its climate goals. But, the report stresses, the cost of inaction would be far greater.

“If we choose to stay on the current path—powering our economies with fossil fuels, extracting virgin resources, destroying nature, polluting the environment—the damages would stack up,” the report warns. “Climate change would cut 4% off annual global GDP by 2050, claim many lives, and increase forced migration.”

Other likely consequences of inaction, warns the report, include “Amazon forest dieback and ice-sheet collapse,” along with the loss of “hundreds of millions more hectares of natural lands.” The report also projects that global food availability will fall if the climate crisis is not addressed, and that increased air pollution will cause an additional 4 million premature deaths per year.

The report recommends a rapid move away from fossil fuels, as well as a drastic rethinking of agricultural subsidies so that they no longer “directly favor activities that have significant harmful effects on the environment, including on biodiversity.”

Robert Watson, a co-chair of the GEO assessment, said in an interview with the Guardian that the climate crisis cannot simply be seen as an environmental issue given that it is now “undermining our economy, food security, water security, human health,” and also creating national security problems by increasing “conflict in many parts of the world.”

In an interview with BBC, Watson also accused US President Donald Trump’s administration of sabotaging the report by refusing to even accept its conclusions about the damage being done by human-induced climate change.

“The US decided not to attend the meeting at all,” he explained. “At the very end they joined by teleconference and basically made a statement that they could not agree with most of the report, which means they didn’t agree with anything we said on climate change, biodiversity, fossil fuels, plastics, and subsidies.”

Original article by Brad Reed republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
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Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
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Continue ReadingUN Report Estimates Bold Climate Action Would Deliver $100 Trillion in Benefits by 2100

Morning Star Editorial: The Palestine Action hunger strikers face years behind bars without trial. Bail them now

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https://morningstaronline.co.uk/article/palestine-action-hunger-strikers-face-years-behind-bars-without-trial-bail-them-now

Police remove a campaigner taking part in a Defend Our Juries protest in support of Palestine Action outside the Home Office, London, November 24, 2025

Left MPs Jeremy Corbyn, Zarah Sultana and John McDonnell are doing the right thing in highlighting the case of the young pro-Palestinian prisoners on hunger strike in British jails.

Seven prisoners associated with solidarity actions for Palestine have now been on hunger strike for several weeks. They are being locked up on remand, with their trial likely 18 months away. This is the largest co-ordinated political hunger strike since the H-Blocks in 1981.

This is the grossest travesty of justice. The whole labour movement should be demanding that these young people, who are not charged with any violence against persons, should be freed.

Guilty of nothing under the law, they should be given bail immediately. Their continued detention on remand is an act of state vindictiveness.

Should any of them come to lasting harm, it will be on the account of Justice Secretary David Lammy as well as the Prime Minister. They will not be forgiven.

https://morningstaronline.co.uk/article/palestine-action-hunger-strikers-face-years-behind-bars-without-trial-bail-them-now

Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.
Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.
Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza's hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza’s hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
Vote Labour for Genocide.
Vote Labour for Genocide.
Continue ReadingMorning Star Editorial: The Palestine Action hunger strikers face years behind bars without trial. Bail them now

Trump and Fascism

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by dizzy deep, blogger at https://onaquietday.org. May be changed, reworked.

Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.

There are many facets or aspects to Fascism: racist ideology; disregard and disdain for justice, human rights and the rule of law; what ‘Il Duce’ Benito Mussolini termed corporatism, “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.”

Xenophobe President Donald Trump often demonstrates racism and a disdain for due process, democracy, human rights and the law .

Deporting Venezuelans to San Salvador’s CECOT prison.

Deploying National Guard and ICE in US cities. “Everyday is Halloween.”

Murdering fishermen

Project 2025 pursues a huge corparist agenda, hugely extending deregulation for the benefit of unaccountable corporations. Trump pursued huge corporate support for his reelection particularly from the fossil fuel industry. Now he’s intending to invade Venezuela for “all that oil.”

Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Demented assole Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn, Flood, Baby, Flood.

When discussing Trump it is worth considering whether his obvious prejudices and limited abilities are further affected by senility. I suggest that senior officers of the wider US administration have due regard for other demands and obligations on them.

Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Continue ReadingTrump and Fascism