Alex Maitland takes us through the number-crunching behind the headline prediction from our Davos report: that there will be five trillionaires within a decade.
Get ready for the new trillionaire class: whose wealth will be built not on merit but inheritance, monopoly – and the legacy of colonialism
The world looks set to see five trillionaires by the end of the decade — and more billionaires are now being created through inheritance than entrepreneurialism. Anjela Taneja and Harry Bignell introduce Oxfam’s 2025 Davos report, which reveals the scale of unearned wealth — and how those riches are built on a colonial legacy of exploitative global systems.
It’s time to put care at the centre of our economics courses
The UK government’s Francis Review of the English school curriculum is an unprecedented chance to shift the national and global conversation on economics education: let’s not miss it, say Alex Bush and Jennifer Brandsberg-Engelmann. They explain why we need to change an economics curriculum which perpetuates narratives that are bad for people and planet and erase care work.
How billionaire ‘pollutocrats’ are driving our climate crisis – and what we can do about it
If everyone used private jets and superyachts like 50 of the world’s richest billionaires, the remaining carbon budget to stay within 1.5C would be burned up in just two days. Nafkote Dabi introduces Oxfam’s new climate report, which spells out how the emissions of the super-rich are driving inequality, hunger and heat-related deaths.
Book Review: Power to the People: Use Your Voice, Change the World, by Danny Sriskandarajah
From ‘liquid democracy’, to the ‘underground fungal network’ of citizenship that supports progressive change, the former Oxfam GB CEO offers lots of useful ideas about how the 21st century can live up to its initial promise as the ‘century of the citizen’, says Duncan Green.
The strength of unity: protests in Kenya
In this blog, Simon Maina shares his first experience in a protest and how young people in Kenya propelled their shared anger and hopes in demanding for change.
Data and debt: The twin obstacles to justice on care and domestic work
The recent historic International Association for Feminist Economics (IAFFE) conference in Rome highlighted two big challenges standing in the way of the UN’s ambitions to address unpaid care and domestic work so that it is valued and shared equitably. Chama Mwandalesa – who joined the annual gathering in Rome – explains.
Why feminists are rejecting the cult of growth
When oil spills and the production of weapons are good for growth and GDP, isn’t it time we changed our economic goals and how we measure them? Rachel Noble and Anam Parvez Butt report back from an impassioned session at the International Association for Feminist Economics conference, where scholars and activists called for nations to stop pushing growth at all …
Spare us the token gestures: International Women’s Day must be a call to action for economic justice
Globally, men own $105 trillion more wealth than women. So today of all days we need to talk about how our global economic system just isn’t working for women, says Dana Abed, as Oxfam launches its #HerMoneyMatters campaign.
A Flawed GDP Bypasses Women’s Unpaid Care Work
Nearly 90 billion hours of unpaid care work, without which economic growth would come to a halt, do not count as part of that growth. Professor Naila Kabeer explains why this makes the GDP a flawed metric. Last week the IMF offered a cautious estimate of positive global economic growth for this year, warning ‘we are on track, but not …
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