News Cycle: Three-and-Half-Dozen People and Bottom Half

news cycle: This year, that number had dropped to 42 three-and-half-dozen people with as much stuff as three-and-a-half billion, according to The Guardian. This yearly ritual has become part of the news cycle, and the inequality it exposes has ceased to shock us. In 2016, their report showed that the wealthiest 62 individuals owned the same amount as the bottom half of the world's population. The very rich getting very much richer is now part of life, like the procession of the seasons. Countries that were once democracies are becoming plutocracies; plutocracies are becoming oligarchies; oligarchies are becoming kleptocracies. But we should be extremely concerned their increased wealth gives them ever-greater control of our politics and of our media. (news.financializer.com). As reported in the news.