Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Oxfam – Just 8 Men Own Same Wealth as Half the World

News release: “Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today ahead of the annual meeting of political and business leaders in Davos, Switzerland:  Oxfam’s report, “An economy for the 99 percent,” shows that the gap between rich and poor is far greater than had previously been estimated and details how big business and the super-rich are fueling the inequality crisis by dodging taxes, driving down wages and using their power to influence politics. The report also calls for a fundamental change in the way we manage our economies so that they work for all people, and not just a fortunate few.”

Sorry, comments are closed for this post.