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World’s 85 Richest Have the Same Wealth as 3.5 Billion Poorest

The combined wealth of the world’s richest 85 people is now equivalent to that owned by half of the world’s population – or 3.5 billion of the poorest people – according to a new report from Oxfam. According to the report, 210 people have become billionaires in the past year, joining a select group of 1,426 individuals with a combined …

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9th Sunday of Luke: The Rich Fool (against greed and anxiety); Lk 12:16-21

Life is a gift of God. No amount of possessions, however abundant, can make it greater or give it security. The notion that life consists in possessions, in ‘having’ (the constant requirement of more), is cut in this pericope by the understanding that life cannot be secured by possessions, that existence is a gift outside human control. Humans have an …

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