Monday, November 10, 2014

Inequality is not inevitable: It's time to #EvenItUp | Oxfam International Blogs


This January, Oxfam revealed that the richest 85 people in the world possess the same amount of wealth as the world’s poorest 50 per cent.

Our report caught the public’s imagination, and keyed into a conversation about inequality that was taken up by many players globally – amongst them Christine Lagarde of the International Monetary Fund (IMF), President Barack Obama and the Pope.

The collective wealth of this tiny global elite has increased by US$668 million per day between 2013 and 2014. That’s almost half a million dollars every minute.

See full Press Release: Inequality is not inevitable: It's time to #EvenItUp | Oxfam International Blogs