Global inequality is escalating rapidly - let’s end concentrations of wealth and power, completely

andrew
Mon, 18 Jan 2016 11:43:28 +0000
Class, Climate change, Poverty, Wealth, Economy, International, Opinion, Analysis, Andrew N Flood

Oxfam has just released a report that shows global inequality has escalated rapidly over the last 6 years. The particular measure they used is a very important one. First they calculated the wealth held by the poorest 50% of the planets population, which is about 3.6 billion people. And then they asked how many of the richest people held the same amount of wealth.