Part 2: Oxfam Says Privatization, Tax Havens Drive Global Inequality to Staggering Levels
January 21, 2016
http://www.democracynow.org/2016/1/21/part_2_oxfam_says_privatization_tax
http://www.democracynow.org/2016/1/21/part_2_oxfam_says_privatization_tax
An Economy For the 1%....How privilege and power in the economy drive extreme inequality and how this can be stopped
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About this paper
Author:
Deborah Hardoon (Deputy Head of Research, Oxfam GB), Sophia Ayele & Ricardo Fuentes-Nieva (Executive Director of Oxfam Mexico)
Post date:
18 January 2016
The global inequality crisis is reaching new extremes. The richest 1% now have more wealth than the rest of the world combined. Power and privilege is being used to skew the economic system to increase the gap between the richest and the rest. A global network of tax havens further enables the richest individuals to hide $7.6 trillion. The fight against poverty will not be won until the inequality crisis is tackled.