International/National: Rise in World Inequality Crisis – 42 People Have the Same Wealth as 3.7 Billion Poor (Oxfam Report)

Oxfam.png@ Oxfam International

On January 22nd, just one day before the start of the World Economic Forum in Davos, Oxfam published its new report on the increase in extreme global inequality, in which it presents alarming data that highlight that the richest 1% of the world’s population holds 82% of the world’s wealth. In the report titled “Reward work and not wealth” it denounces that, “currently, it is difficult to find a political leader or a business leader who does not publicly express his concern about inequality. However, what counts are actions, not words, and in this almost all leaders fail. In fact, many of them actively promote policies that contribute to the increase of inequality.”

Because of that the social elite has been able to continue enjoying disproportionately high salaries and so accumulate incomparable fortunes. According to Oxfam, “last year saw was the largest increase in the number of billionaires in history, one every two days. There are currently 2,043 people with fortunes in excess of one billion dollars, of which nine out of ten are men.” The main cause of the gap between extreme poverty and extreme wealth “is built at the expense of poorly paid jobs, often occupied by women, who receive miserable salaries without respecting their fundamental rights.”

The organization demands that, “governments and international institutions must recognize the impact of the current neoliberal economic model on people living in poverty in the world. They must work to develop more human economies, whose main objective is to achieve greater equality.” Concluding its report it developed a catalog of recommendations addressed to these same players with respect to inequality, the design of a fairer economy, redistribution and the role of companies in this matter.

For more information in Spanish:

Premiar el trabajo, no la riqueza Para poner fin a la crisis de desigualdad, debemos construir una economía para los trabajadores, no para los ricos y poderosos. (Oxfam Internacional, 22 de enero de 2018)

Riqueza criminal: El 1% más rico de la población mundial acapara 82% de la riqueza (Informe) (EDUCA, 22 de enero de 2018)

Oxfam advierte aumento de la desigualdad (Proceso, 22 de enero de 2018)

For more information from SIPAZ:

Oaxaca/ Chiapas/ Nacional: Oxfam presenta informes sobre desigualdad (5 de abril de 2016)

México: crece pobreza en el país, en particular en zonas urbanas. Oaxaca, Chiapas y Guerrero con mayor índice de pobres. Campaña por la ratificación del PF PIDESC (9 de dieciembre de 2011)





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