• An Economy for the 1%

    A report unveiled by Oxfam on January 18 reveals that 62 billionaires from around the world hold as much wealth as the poorest 3.6 billion people in the world. The report, titled An Economy for 1%, addresses the causes and consequences of extreme inequality. Read more about it here:

The gap between rich and poor is reaching new extremes. Credit Suisse recently revealed that the richest 1% have now accumulated more wealth than the rest of the world put together. This occurred a year earlier than Oxfam’s much publicized prediction ahead of last year’s World Economic Forum. Meanwhile, the wealth owned by the bottom half of humanity has fallen by a trillion dollars in the past five years. This is just the latest evidence that today we live in a world with levels of inequality we may not have seen for over a century.

‘An Economy for the 1%’ looks at how this has happened, and why, as well as setting out shocking new evidence of an inequality crisis that is out of control.

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