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Tuesday, April 19, 2011

Billionaires Flourish, Inequalities Deepen as Economies “Recover” by James Petras* http://www.voltairenet.org/article169059.html

In this profile of global wealth accumulation, James Petras illustrates the direct link between the exponential increase of the U.S. super rich in recent years and the tanking real economy. Unsurprisingly, the prize for the fastest and most dramatic growth of new billionaires goes to the BRIC block countries - recently joined by South Africa - but much to the detriment of their working classes and environment.

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