WATCH: Why expropriating the Billionaire class is a social and ecological emergency
The wealthiest one per cent are personally responsible for 40 per cent of global carbon emissions
A NEW report by the bank UBS shows the billionaire class grew 20% richer in 2017, making 1.4 trillion, more than the GDP of Spain.
In this video, CommonSpace editor Ben Wray explains why if we continue to allow a global plutocracy to accumulate ever more power, we are heading for social and ecological catastrophe.
We have two possible futures - either a plutocratic climate dystopia, or a socialised climate revolution.