Along with other socialist groups the WSM has launched the 1% Network, a coalition that aims to highlight the gross inequality in Irish society where the richest 1% of the population own 34% of the wealth. The network will be carrying out a number of activities in the run up to the budget including a walking tour of the private mansions, corporate headquarters, secret meeting spots and private banks on October 9th.

1% Network Coalition formed

Did you know that just 1% of the population are estimated to own at least 34% of the wealth of the country? The 1% network is a coalition of groups opposed to this inequality.

We have all heard of the ‘golden circle’. We all know that there is one law for the rich and another law for the rest of us.

The 1% network is a coalition of socialist groups which has come together to oppose the cutback agenda of the government and to promote a socialist alternative to the current socio-economic system. The name of the coalition was chosen to highlight the fact that just 1% of the population control in excess of 34% of the wealth of the nation. Organisations within the coalition include:

éirígí

Irish Socialist Network

Revolutionary Anarcha-Feminist Group

Seomra Spraoi

Workers Solidarity Movement

We are planning a number of events including a walking tour of the houses, secret meeting places and private banks where the 1% are to be found.