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Wednesday, April 20, 2011

RePOST-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 - albeit to the great detriment of their working classes and environment.

 

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