"Commentators from all sides of politics have expressed concerns about the effect of inequality on the fabric of society in the United States, where the share of wealth held by the richest 1 percent rose from a quarter to two-fifths between 1990 and 2012. But if you think that’s bad, look what’s happened to the world as a whole: in just the decade after 2000, the richest 1 percent of the world’s population increased its wealth from one-third of everything to a half. The top three and a half dozen people now own as much as the bottom three and a half billion. How is democracy possible with that kind of gulf in wealth and power between citizens?"
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