Extreme inequality is hurting us all
- damaging economic growth, fuelling crime, and squandering the hopes and ambitions of billions who are trapped at the bottom with no way out.
Such stark inequality is not inevitable – it is the consequence of political and economic choices
. With extreme wealth comes power and influence – we’re living in a world where the rules are rigged in favour of the few and at the expense of the many
. So while the wealth of the few grows greater, the poorest are left behind.
It doesn’t have to be this way – together we can even things up
. We can change the rules on tax to make sure the richest pay their fair share. We can demand more spending on public health and education to give the poor a fighting chance. We can demand fair wages for everyone. We can make sure the poorest have a voice, and those voices are heard by those in power.
Did you know?
•Since the financial crisis the number of billionaires has more than doubled and in that same period at least a million mothers died in childbirth.
•Oxfam has calculated that in 2014 the richest
85 people on the planet owned as much as the poorest half of humanity.
•Last year the richest 85 people saw their wealth increase by half a million dollars every minute.
•Seven out of ten people live in countries where the gap between the rich and poor is worse than thirty years ago.
•Today there are 16 billionaires in sub-Saharan Africa, alongside the 358 million people living in extreme poverty.
•Every year, 100 million people are pushed into poverty because they have to pay for health care.
•Without action, it will take 75 years to achieve equal pay between men and women.
The time is now
The world has woken up to the gap between the rich and rest. From Spain to South Africa, and Peru to Pakistan, people are already demanding a world that is fairer than this.
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