A new report by Oxfam heralds a sea change in attitudes towards inequality.
This article is a preview from the Spring 2015 edition of New Humanist.Even It Up: Time to End Extreme Inequality (Oxfam) by Emma Seery and Ana Caistor Arendar (eds)
Eighty-five people in the world own more wealth than half of the world’s population. This attention-grabbing figure from Oxfam’s recent report Even It Up: Time to End Extreme Inequality made headlines as a neat summary of the burgeoning problem of income and wealth inequality across the globe. Notably, it came with a written endorsement from Andy Haldane, chief economist at the Bank of England. Since the 2008 financial crisis, the report explains, the number of billionaires has doubled, swelling to 1,645 people. This isn’t a problem restricted to affluent countries: “absurd levels of wealth exist alongside desperate poverty around the world.”[...]
Read the rest here: Why poverty isn't inevitable | New Humanist
