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.
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)
The $100-trillion gender wealth gap is an outrage: can Davos get behind a global economy that actually works for women?
With billions of women still underpaid, exploited and bearing the brunt of unjust tax, care and climate policies, we need to hear how the Davos elite will play its part in building a feminist economic future, say Lurit Yugusuk and Imali Ngusale of the African Women’s Development and Communication Network, FEMNET.
Corporate power is out of control: here are four ways it pushes up inequality
Whether they are funnelling billions of profits to wealthy shareholders rather than workers, or dodging taxes that could pay for decent health and schools, companies must be held to account for driving our global inequality crisis. Anthony Kamande shares key insights from Oxfam’s Davos 2024 report, Inequality Inc.
We need to talk about inequality in West Africa
As the African Union and regional economic communities gather to discuss their economies, the gulf between the rich and the rest in West Africa needs to be top of the agenda, says Mohamadou Fadel Diop – and that conversation must give serious attention to inequality-busting policies such as reversing austerity and debt cancellation.
Taxation of the super-rich has collapsed: as one in eight people go to bed hungry, that simply has to change
When even millionaires are pleading to be taxed so governments can tackle our colliding global crises, we can see there’s something rotten in the state of economic policy. Max Lawson introduces Oxfam’s 2023 Davos report, ‘Survival of the Richest: How we must tax the super-rich now to fight inequality’
In East Africa, the pandemic has pushed millions out of work: here’s what governments need to do
My region’s countries collect just a fifth of what they should in tax, says Oxfam’s Anthony Kamande. We need those lost billions to tackle extreme inequality and mend our public finances
10 brilliant questions you asked about Oxfam’s inequality report
Oxfam’s new report, ‘The Inequality Virus’, reveals that the wealth of the ten richest men has increased by half a trillion dollars since the pandemic began. This is more than enough to pay for a vaccine for all and prevent anyone on Earth from falling into poverty because of the virus. We have received lots of great questions about the report, here’s our …
Why taxing wealth more effectively can help to reduce inequality and poverty
Since 2014, Oxfam’s Even It Up campaign has been pressing governments to tackle economic inequality because it is hindering efforts to end poverty. Recent World Bank estimates show that according to current economic growth predictions – and if present levels of inequality remain unchanged – in 2030 about 6.5% of the global population will still be living in extreme poverty. …