, Switzerland, the development charity said spiralling global food prices had helped create “62 new food billionaires” in just 24 months.The Cargill family, along with three other companies, controls 70% of the global agricultural market.
Lets cut the taxes for the rich and use the rest to bailout their failures.
This, really should never happen.
It's been a wonderful pandemic for some people then. Maybe governments should look at price capping, fair taxation, windfall tax, CEO salaries, min wage as a % of profit, there's a whole raft of things governments can do but are hampered by their rich donors.
Should the gov pay more effort to stabilize the price of food, and energy? They're necessities in life.
Obscene profiteering & stockpiling money won't save them. No one escapes climate change. They either live on barren planets floating in space or live on earth floating on floods. Food will run out & there'll be no-one left to prop up their meaningless lives or wipe their arses!
فطيمة_بودودة_في_خطر Freedom of expression is NotACrime Freedom of thought is NotACrime Freedom to denounce is NotACrime حرية التعبير، حرية الرأي ليست_جريمة Le hirak PasUnCrime The hirak NotACrime
Monopolies, price gouging, dictators, deregulation. Greed. Tax breaks for corporations and millionaires. It's world wide corruption and greed.
WitchesFor In all industries, this country essentially pays companies to over optimize for the wrong things. This is especially true when externalities are ignored. Fixing incentives through public harm taxes would level the ethical playing field for small businesses that value community.
AnonNewsUS food billionaires are not farmers but are corporations that process foods just in case anyone who is skimming by wonders
Time for a MASSIVE wealth tax to help repair the damage billionaires are causing. Plus ban private jets, yachts, space tourism, mansions and luxury vehicles. The wealthy should not be allowed to pollute more than the rest of us.
Biden has been good to them.
what a surprise....making money on the back of the needy...
What an inverse proportion! Just saw this, this guy is good too. A must watch!
62 New Billionaires ... meanwhile 👇🏻👇🏻 'Food prices, which are up more than 30% over the past year on average, are likely to push more than 263 million more people into acute poverty than before the pandemic.'
So it means that If it happens a another pandemy again they will probably grow $453bn more.... People have a lot of questions in their mind about billionaires. Atleast we know that this kind of questions are growing richer.
Horrifying. The shamelessness….
Other than vanity-projects and / or making apparent philanthropic gifts to the arts, etc., to perpetuate these people's name, what is the point of this never-satisfied accumulation of wealth ? : Versus actual need and deprivation... DivesAndLazarus AllABitMidas
All part of the WEF plan...
Why you ask are the billionaires profiting obscenely Because they own both political parties. Duh....
We all know this. But fundamentally it doesn't matter, because by and large the electorate of the nations who can change this are awful human beings.
SteveWynn
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