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.
The private jets leaving COP29 are the ultimate symbol of climate injustice. Now the UK must go further in taxing them
With COP29 failing to deliver anything close to the climate finance lower-income countries need, the world needs to look again at taxing rich people like us, says Julia Davies of Patriotic Millionaires UK. Expanding on Britain’s recent small increase in duty for private jets would both raise revenue and make a powerful statement on climate fairness.
Five good reasons for the UK to back a global plan to fairly tax the super-rich at the G20
Brazil wants world leaders to work together on fair taxes for the super-rich. With inequality skyrocketing and the escalating climate crisis, Britain should seize its chance to support that, says Claire Arthur-Lusby.
Governments across the globe are giving up on the fight against inequality: here’s what they should do instead…
New Oxfam analysis shows global Commitment to Reducing Inequality (CRI) has just hit a new low. Anthony Kamande shares insights from Oxfam’s biannual CRI report that ranks 164 countries’ policies – and offers three big policy changes that should be firmly on the agenda at this week’s World Bank/IMF annual meetings.
Why is inequality so sticky? The political obstacles to a fairer economy
Theory tells us that democracies should become more equal. So why are they still so unequal? Gideon Coolin, Emanuele Sapienza, and Andy Sumner on their new UNDP paper that unpicks the politics of inequality.
Inadequate climate action helped fuel Scotland’s political turmoil: here’s how credibility can be rebuilt
Ditching a supposedly legally binding emissions reduction target helped to drive Scotland’s First Minister out of office. Whoever is in charge next must rekindle the leadership that, just two years ago, saw Scotland become the first nation to commit funds to address losses and damages caused by climate change, says Jamie Livingstone.
Across Britain, paid and unpaid care work remains undervalued and ignored: here are six ways governments can change that
Being a parent, unpaid carer or paid care worker in Wales, Scotland or England too often means being forced into hardship. Silvia Galandini and Claire Spoors introduce Oxfam’s new paper, which sets out how to break the link between care and poverty.
Hope In The Shadows: A Call For Transformation
Extreme levels of inequality cast shadows over the lives of billions of the world’s poorest people. We must see the faces behind the statistics, says Oxfam GB’s Chief Impact Officer Aleema Shivji, and sound the alarm for change: to empower workers, break up monopolies and tax the ultra-rich. These are not mere “policy recommendations” – they are pathways to change for the lives of countless individuals.
We are closer to seeing the world’s first trillionaire than ending poverty: that’s why we need fair taxes now
Oxfam’s new Davos report highlights how our economic system funnels billions to billionaires while ordinary workers lose. A big part of the solution has to be new wealth and windfall taxes, including a European wealth tax, says Chiara Putaturo.
Face à l’écart de richesse scandaleux de 100 000 milliards de dollars entre les femmes et les hommes, verra-t-on enfin à Davos la promotion d’une économie qui fonctionne réellement pour les femmes ?
Avec des milliards de femmes encore sous-payées, exploitées et portant le poids de l’injustice qui prévaut dans les politiques fiscales, de soin et climatiques, nous voulons savoir comment l’élite de Davos contribuera à la construction d’une économie féministe pour demain, déclarent Lurit Yugusuk et Imali Ngusale du réseau du développement et de communication des femmes africaines, FEMNET (read blog in English at the link below)
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