Explosion in wealth inequality needs urgent plan of action, says Oxfam
Report by charity contrasts devastating effects of deep recession alongside
wealth of richest elite increasing by $0.5m a minute
http://www.theguardian.com/business/2014/oct/29/explosion-wealth-inequality-
needs-urgent-plan-action-oxfam
* Larry Elliott <
http://www.theguardian.com/profile/larryelliott> ,
economics editor
* <
http://www.guardian.co.uk/theguardian> The Guardian, Wednesday 29
October 2014 17.01 GMT
* Jump to comments (1)
<
http://www.theguardian.com/business/2014/oct/29/explosion-wealth-inequality
-needs-urgent-plan-action-oxfam#start-of-comments>
The development charity Oxfam is calling for a seven-point plan to tackle
the "explosion" in inequality after reporting that the world's richest
people have been left untouched by austerity and are seeing their wealth
increase by half a million dollars every minute.
In a new report, Oxfam said that the number of billionaires doubled between
2009 and 2014 - a period in which many countries suffered deep recession,
rising unemployment, welfare cuts and falling real incomes.......
Read it in PDF attachment below:
Berhane
Received on Wed Oct 29 2014 - 13:39:30 EDT