One per cent of the world's population now control half its wealth.The concentration of more and more resources in fewer and fewer hands has actually accelerated since the global financial crisis. This is no accident. It is the outcome of policy decisions made – or avoided – by political leaders either unable to learn the lessons of the crisis or unwilling to act on them.
Since 2008, “middle-class wealth has grown at a slower pace than wealth at the top end. This has reversed the pre-crisis trend, which saw the share of middle-class wealth remaining fairly stable over time.”