WATCH: Why expropriating the Billionaire class is a social and ecological emergency

Ben Wray

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.

Picture courtesy of Prayitno

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