Oxfam’s new inequality report, which reveals that the world’s billionaires —just 2,153 people— have more wealth than 4.6 billion people, is making headlines across the globe. Since we launched our report, we have received lots of interesting questions. Here’s our response to ten of the most frequently asked questions. 1. What does women’s unpaid care work have to do with billionaires? …
Making care count: Valuing work and wellbeing over wealth
We are heading into increasingly stormy times. Times when caring for each other will become more critical and challenging. By 2025, economies will be in crisis response mode, coping with 2.4 billion people living in areas without enough water. By 2030, an additional 100 million older people and a further 100 million children between 6-14 years of age will need …
Reward work, not wealth: How can we solve the inequality crisis?
[buzzsprout episode=’2559241′ player=’true’] In this podcast, we speak to the authors and advisers of a new Oxfam report Reward work, not wealth, and discuss the links between inequality and poverty, as well as the solutions that governments and the private sector should adopt. Last year saw the biggest increase in billionaires in history, one more every two days. This huge …
Wealth and income inequality: two trends, one story
As Oxfam launches it’s Reward Work, Not Wealth report, Diego Vazquez takes us through the difference between income and wealth. One of the most interesting findings in the latest Davos report is that whilst the inequality crisis continues to increase with the accumulation of the world´s wealth by a just few billionaires, global income inequality has decreased during the last …
The harsh realities of rewarding wealth, not work
Iñigo Macías-Aymar outlines the issues with rewarding wealth and not work, and gives an insight into the harsh realities many face as a result. Lan, a garment worker in Vietnam, makes shoes for some of the world’s most famous brands. Despite the overtime, she earns so little that she will never be able to get a pair of the same …
Extreme inequality and the push for an alternative future
Deborah Hardoon introduces our new report, ‘An Economy for the 99%‘ and argues that extreme inequality and a crisis in economics have created the appetite for an alternative vision for the future. erd Alert. As a student of economics, I always found the technical aspects of the subject deeply satisfying. Getting to the ‘right’ answer using algebra and statistics, solving …