Billionaires own most of world’s wealth: We’re fighting for a new society

Latest

Women’s March in Chicago in January, 2017.
Photo/Brett Jelinek

 
According to a recent study, 8 of the world’s richest individuals now own as much wealth as half of the rest of the human race. This polarization of society into extreme wealth and poverty, where the few live like kings while more and more of the world’s children starve, has been accelerating for the past few years. This is happening as a result of advancements being made in the technology that is eliminating jobs, which increases the ranks of the poor while creating abundance. What gives them the right to use this technology to make themselves so rich and the rest of us so poor? If we, the poor, the many, publicly owned that same technology, instead of they, the rich, the few, then we would certainly use it to build a cooperative society that would restore the human right to food, healthcare, water, education and shelter for us all.

PT Logo collage
+ Articles by this author

The People’s Tribune opens its pages to voices of the movement for change. Our articles are written by individuals or organizations, along with our own reporting. Bylined articles reflect the views of the authors. Articles entitled “From the Editors” reflect the views of the editorial board. Please credit the source when sharing: peoplestribune.orgPlease donate to help us keep bringing you voices of the movement for change. Click here. We’re all volunteer, no paid staff. The People’s Tribune is a 501C4 organization.

Featured

Dolly Parton: More Than a Legend

Dolly Parton never had to stop being Appalachian to become an international icon, or pretend poverty didn't shape her, or that the mountains were something she had escaped. She simply took what she learned there and carried it farther.

In Memory of Tenant Leader Annie Chambers, Longtime Advocate For Baltimore’s Poor

Reverend Annie Chambers leaves behind an unparalleled legacy of grassroots activism and unconditional love for her people, her family, her community and all those that struggle to survive.

Pearson’s TN Win Rebukes Corporate Dems & Attack on Voting Rights

The decisive victory of Justin Pearson in the Tennessee Democratic congressional primary marked a rebuke of both the corporate Democrats and the attack on the Voting Rights Act.

Citizens United Takes a Hit in Michigan Primary

In electing Abdul El-Sayed, voters rejected money in politics, defeating the pro-Israel and corporate funded campaign of his opponent in the amount of $70 million, making it among the most ever spent in a Democratic Party primary!

Death Toll Expected to Rise: Justice for Those in Detention

Detainees in ICE detention are pleading for help due to inhumane conditions. Now, as of August 4, 2026, at least 24 detainees have died in custody this year alone.

More from the People's Tribune