Oxfam report shows billionaire wealth surged in 2025: The case for expropriation
In 2025, global billionaire wealth grew at three times the rate of the previous five years, reaching a record $18.3 trillion, an 81 percent increase since 2020.
In 2025, global billionaire wealth grew at three times the rate of the previous five years, reaching a record $18.3 trillion, an 81 percent increase since 2020.
Ten federal prisoners whose death sentences were commuted to life by Biden have been moved to ADX Florence in Colorado, where inmates are kept in concrete cells smaller than a parking space for 22 to 24 hours a day and are subject to near-total social and sensory deprivation.
Workers and students have been speaking to the WSWS across the UK about the US invasion of Venezuela, the ICE (Immigration and Customs Enforcement) killing of Renee Good in Minneapolis, and the imperialist agenda of the Starmer government.
The US attack on Venezuela is exposing the collapse of the African National Congress’ post-apartheid “non-alignment” strategy, intensifying internal divisions within South Africa’s ruling elite as Washington pressures Pretoria to choose either itself or China.
This is the report delivered by Nick Beams to the 2022 International May Day Online Rally held on May 1. Beams is a longstanding leader of the International Committee of the Fourth International and an expert on Marxist economics.
Her carefully cultivated public persona has allowed Elizabeth II to be deployed at times of heightened national crisis as an illusory but politically necessary embodiment of stability and permanence.
The scale of the horror and the depth of the public reaction suggest that something of a “tipping point” has been reached.
In the wealthiest country in the world, store shelves are empty and millions of families are now facing a desperate struggle to find essential nutrition products for their babies and toddlers.