Greg Jones considers the fate which may await the UK's
super rich following this week's UK General
Election...
Well, wouldn't most of us like at least to try, if we're
honest?
Yet although the number of billionaires around the world is on
the increase, (as inflation gradually erodes the value of money
over time) there is a risk they may become an endangered
species.
Labour MP Lloyd Russell-Moyle thinks they shouldn't
exist.
US politician Bernie Sanders (echoing French economist Thomas
Piketty) believes they should be taxed out of existence.
What have billionaires done to deserve this vilification?
The answer lies partly in the ever-widening gap (yawning chasm?)
between the "have lots" and the "have not very
much". Earlier this year, Oxfam reported that the world's
26 richest people own as much as the poorest 50% (the current
estimated global population is 3.8 billion). More recently, UK
campaigning charity the Equality Trust has observed that the