In a 2017 report by Oxfam found...
"Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity".
New estimates show that just eight men own the same wealth as the poorest half of the world. As growth benefits the richest, the rest of society – especially the poorest – suffers. The very design of our economies and the principles of our economics have taken us to this extreme, unsustainable and unjust point.
"An economy for the 99 percent’, shows that the gap between rich and poor is far greater than had been feared. It details how big business and the super-rich arelling the inequality crisis by dodging taxes, driving down wages and using their power to influence politics. Billionaires around the world, who have almost doubled in number since the 2008 global financial crisis, saw their combined fortunes grow by $2.5day, while the 3.8 billion people at the bottom of the scale saw their wealth decline by 11 percent in 2018."
