Oxfam: Wealthy grabbing power

yachta_oxfam-org

Global inequality has increased to the extent that the €1.2trn combined wealth of the 85 richest people is equal to that of the poorest 3.5 billion – half of the world’s population – according to a new report from development charity Oxfam.

And the report, entitled Working For The Few, claims that growing inequality has been driven by a “power grab” by wealthy elites, who have co-opted the political process to rig the rules of the economic system in their favour.

irishexaminer.com

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Published in: on January 21, 2014 at 19:59  Leave a Comment  
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