An Economy for the 1% - How privilege and power in the economy drive extreme inequality and how this can be stopped
Author: Oxfam International
Topic: Poverty issues
Publisher: Oxfam
Location: United States
Format: Brief
Content Type: Research
Publication Date: January 18, 2016
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.1 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.
Get It

You need to login or register to bookmark/favorite this content.

Related Tags