[TOP STORY] Is extreme wealth quietly pushing democracies towards oligarchy? episode artwork

EPISODE · Jan 27, 2026 · 7 MIN

[TOP STORY] Is extreme wealth quietly pushing democracies towards oligarchy?

from Moneyweb@Midday · host Jeremy Maggs

‘As the billionaires are increasing their wealth, which has been 81% since 2020, and as more billionaires come on stream, it does mean that what’s at play is exploitation and extraction,’ says Pooven Moodley of Oxfam South Africa. Moneyweb

‘As the billionaires are increasing their wealth, which has been 81% since 2020, and as more billionaires come on stream, it does mean that what’s at play is exploitation and extraction,’ says Pooven Moodley of Oxfam South Africa.

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[TOP STORY] Is extreme wealth quietly pushing democracies towards oligarchy?

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This episode was published on January 27, 2026.

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‘As the billionaires are increasing their wealth, which has been 81% since 2020, and as more billionaires come on stream, it does mean that what’s at play is exploitation and extraction,’ says Pooven Moodley of Oxfam South Africa. Moneyweb

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