Story perspectives

Ultra-Rich Gain $2.2 T, Take $30M/hr, Commons Expand

6/28/2026

Summary

Story summary

The 500 richest individuals added US$2.2 trillion to their fortunes in 2025.
Oxfam reports the super-rich extract $30 million per hour from low- and middle-income nations, home to about 85 % of the global population.
Military spending reached $2.7 trillion in 2024, diverting public funds from social needs.
Participatory initiatives such as Bolivia’s water-management assemblies, Bogotá’s care blocks, Mexico City’s UTOPÍAS, and Barcelona’s data-commons illustrate a common-good approach.

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Story summary

The 500 richest individuals added US$2.2 trillion to their fortunes in 2025.
Oxfam reports the super-rich extract $30 million per hour from low- and middle-income nations, home to about 85 % of the global population.
Military spending reached $2.7 trillion in 2024, diverting public funds from social needs.
Participatory initiatives such as Bolivia’s water-management assemblies, Bogotá’s care blocks, Mexico City’s UTOPÍAS, and Barcelona’s data-commons illustrate a common-good approach.