What Is Wrong With The 1%?

“There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.”

Herman E. Daly

According to the latest 2015 Credit Suisse Global Wealth Report the top 1% of wealth holders now own half of all global household wealth, much of this wealth has been concentrated in the United States and Europe. A 2014 report by Oxfam warned that the richest 85 people across the globe share a combined wealth of £1tn, as much as the poorest 3.5 billion of the world’s population. (1a)

While most of us are aware of the inequality in modern western society it is much less known what impacts such wealth creation have throughout society and the environment. While there are many wealthy individuals whom contribute to various causes, charities and philanthropic pursuits there is no denying the growth and continued exploitation of the planet in an effort to increase wealth is having devastating consequences. Today much of this  wealth is now concentrated at the very elite and top percentage profile.