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Day: December 14, 2019

UK: Making sense of a shattering defeat

December 14, 20191 Comment

13 December 2019 — Morning Star Online

As soon as the scale of Labour’s shattering defeat began to emerge last night, pundits began to push the line that this was not just about Brexit but about Jeremy Corbyn, and more broadly the Labour Party’s significant shift towards socialism under his leadership.

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The richest 1% owns more than TWICE as much wealth as 6.9 billion people and the super-rich one percent of the world’s population has accumulated twice as much wealth as the remaining 90 percent, global charity Oxfam said in a newly-released report. The world’s richest 1% emit double the carbon of the poorest 50%, the 2020 Oxfam study found.

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