Reward Work, Not Wealth

From Oxfam America:

Last year saw the biggest increase in billionaires in history, one more every two days. Billionaires saw their wealth increase by $762bn in 12 months. This huge increase could have ended global extreme poverty seven times over.

82% of all wealth created in the last year went to the top 1%, while the bottom 50% saw no increase at all. Dangerous, poorly paid work for the many is supporting extreme wealth for the few. Women are in the worst work, and almost all the super-rich are men.

Governments must create a more equal society by prioritizing ordinary workers and small-scale food producers instead of the rich and powerful.

DOWNLOAD the report (76 pp., PDF)