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Jeremy Corbyn is right: billionaires and poverty should not coexist

It's ludicrous to suggest that we need billionaires to incentivise work and wealth creation.

Jeremy Corbyn is right: billionaires and poverty should not coexist
Image: Romain, CC BY-SA 2.0
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A billion pounds is an almost incomprehensible amount of money. 

One of the most successful tricks that the rich and powerful have pulled on the rest of us is not merely capturing a disproportionately large share of global wealth, but hoarding amounts so vast that it is practically impossible to grasp the scale of it, and thus to criticise.

If you had been given £1,000 a day, every day since Jesus died, and stuffed it under a mattress, you would still not be a billionaire.