Policy Briefs

Public good or private wealth? ​​​​​​​

  • 01 Feb, 2019

Our economy is broken, with hundreds of millions of people living in extreme poverty while huge rewards go to those at the very top. The number of billionaires has doubled since the financial crisis and their fortunes grow by $2.5bn a day, yet the super-rich and corporations are paying lower rates of tax than they have in decades. The human costs – children without teachers, clinics without medicines – are huge. Piecemeal private services punish poor people and privileged elites. Women suffer the most and are left to fill the gaps in public services with many hours of unpaid care.

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