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The World Is More Unequal Than Ever. Is That Because of Technology?

by Michael Reilly

The world’s richest 62 people now control as much wealth as the poorest 3.5 billion. Let that sink in—it’s a key finding from a report (PDF) out Monday by Oxfam showing the shocking extent of inequality in the world today. The pattern is even worse when you consider the wealthiest 1 percent of people: they are richer than the other 99 percent combined.

Read more on technologyreview.com.

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