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 first trillionaire, how carbon inequality costs lives and language bias in NGO recruitment… top reads of 2024
Catch up on our top papers and blogs of last year, as selected by Oxfam’s Policy & Practice team.
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.
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.
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)
Bernie Sanders on billionaires, inequality and the fight against ‘global oligarchy’
We’re delighted that Senator Bernie Sanders has written a foreword to this year’s Davos report. Here are his powerful thoughts on our bleak economic reality – but also reasons to be hopeful as more and more people join the fight for economic justice.
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.
The super-rich pay lower taxes than you – and here’s how they do it…
How do the wealthy get away with paying a lower percentage of their income and wealth in taxes than ordinary people? A big part of the answer is that many of their fortune streams, from dividends to inheritance, are chronically undertaxed, says Chiara Putaturo in our latest blog for Davos 2023
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’
- Page 1 of 2
- 1
- 2