cross-posted from : https://lemmy.zip/post/57305272
Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy’s entire GDP of €2.2 trillion and approaching France’s €2.9 trillion economy, a new Oxfam report found.
Archived version: https://archive.is/20260118190308/https://euobserver.com/health-and-society/ara3abf5ee
It’s more than that. It’s a feedback loop. Having distance from the consequences of your actions encourages sociopathic behavior. Power such as wealth is the easiest way to create that distance, even if you don’t want to