Ten percent of Mexican families own two thirds of country’s wealth
23 August 2017
Meanwhile, half of the population—over 60 million people—lives in poverty. If the country’s wealth were to be equally divided among the population, each individual would receive a lump sum of $56,300, an amount greater than one person working at the minimum wage would earn working every day for 30 years.
the productive process, contemporary levels
of inequality have reached standards not seen
since feudal times. In nineteenth century
New Spain, a mine’s owner earned between
700 and 1,000 times more than an average
miner. In 2012, the top 1 percent earned 729
times more than the bottom 1 percent.
According to a 2015 report by Oxfam, the
wealth of Mexico’s 16 billionaires multiplies
fivefold each year, while 48 percent of state
schools have no access to sewage, 31 percent
have no drinking water, 13 percent have no
bathrooms or toilets, and 11 percent have no
access to electricity.
Illegal Alien Gets 40 Years in
Prison for Getting His