Wealth Inequality

Oxfam study points to sharpening inequality

As the world population grows, it is also getting wealthier. If the resources of our planet are limited, how is this possible?

4% tax on the wealth can fund mid-day meal for 17 years

Brazil's rich boosted their share by 2.7% last year to make up almost 50% of the nation's wealth

The 11 per cent growth in financial wealth was at par with the compounded annual growth rate for the five years to 2020, the report by BCG said

The affluent cities of Mumbai and Pune account for almost 30% of Maharashtra state's active cases while housing 14% of its population

Antonio Guterres calls out 'lies that free markets can deliver health care for all, fiction that unpaid care work is not work'

The classical liberal order is under threat from 'woke' progressives

The report flagged that global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade, despite their combined wealth having declined last year

In its "Time to Care" report, Oxfam said it estimated that unpaid care work by women added at least $10.8 trillion a year in value to the world economy - three times more than the tech industry

Inequality between the very richest and the rest correlates with greater innovation. But we mustn't let the top level become a closed shop

In Scotland and across southern England, the wealth gap has narrowed during the past decade

At present, two models to limit excessive inequality exist: The social democracies in Europe and the Chinese model of democracy within the ruling communist party but no adult franchise

Oxfam published the report as global leaders, chief executives and bankers arrive in Davos, Switzerland, for the World Economic Forum's annual meeting