26 Billionaires Hoard Half the World’s Wealth

According to a 2019 report by Oxfam, 26 billionaires now own more wealth than the poorest half of humanity. That’s 3.8 billion people combined. This reflects a trend of increasing inequality: last year, the wealth of billionaires increased by $2.5 billion dollars a day while the poorest half of the world saw its wealth decline by 11 percent, losing an average of $500 million each day. More wealth is concentrated in the hands of Jeff Bezos, Amazon CEO, than is in the hands of 1,000,000 teachers in the United States. To quote Charles Koch, enemy of humanity and seventh wealthiest person on the planet, “I want my fair share and that’s all of it.”

Workers Voice Socialist Movement

We are workers, employed and unemployed, youth, students, and seniors. We are multi-racial and multi-national and organize for the unity of the working class. We are funded by and for workers, for the liberation of all workers and oppressed people.

We organize for jobs and higher wages, against racism, women’s, and LGBTQ oppression, and for solidarity with immigrants. We organize for community schools, lower rents, and food on our tables. We organize for workers’ power so that everything will one day be removed from the capitalists’ private ownership.

We oppose the Pentagon, which is looting our tax dollars and handing them over to war-profiteering private companies, while social programs are gutted. We oppose war for empire which is pursued only to lower our wages and plunder the world’s resources while destroying the environment. We reject the monopoly media who feed us lie after lie.

The labor of workers produces enormous wealth here in Louisiana, the U.S. and the world– so much wealth that everyone could have housing, meaningful jobs, education, healthcare, and genuine equality. But this wealth is stolen and privately owned by the capitalist class for their greed and profit. We believe that we, the workers of the world, can unite in revolution to overcome capitalism and build a better world.

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