AS HUNGER SURGES, HERE ARE THREE WAYS INDIA CAN TACKLE ITS MASSIVE INEQUALITY
In our latest blog for Davos 2023, Amitabh Behar introduces the India supplement to Oxfam’s Davos report, which reveals how just 5% of Indians own more than 60% of the country’s wealth, while the bottom half of the population have 3% In the past three years the…
WELCOME TO THE ERA OF ‘GREEDFLATION’
Corporations that dominate food and fuel markets have been using the war and pandemic as a smokescreen to bump up their prices much more than their costs. Oxfam’s Alex Maitland explains how increased corporate profits have driven at least half of inflation. Open an economics…
THE SUPER-RICH PAY LOWER TAXES THAN YOU – AND HERE’S HOW THEY DO IT…
How do the wealthy get away with paying a lower percentage of their income and wealth in taxes than ordinary people? A big part of the answer is that many of their fortune streams – from dividends to inheritance – are chronically undertaxed, says Chiara…
WHETHER IN ASIA, AFRICA OR NORTH AMERICA, IT’S BEEN A PROFITABLE POLYCRISIS FOR BILLIONAIRES
Around the world it seems the pandemic and surging food and fuel prices have actually boosted the wealth of the super-rich, even as they pushed hundreds of millions of ordinary people into misery and penury, says Anthony Kamande in our second blog for Davos 2023….
Two big reasons why popular thinking about tax undermines the fight against inequality
By Max Lawson The unfairness of the UK tax system, a story in five charts, and what this tells us Our next Davos paper goes into some detail on taxing the richest people, and whilst working on it with my brilliant colleagues I did some…
AFRICA BEING PUSHED TO THE LIMITS: How the bid to meet IMF requirements creates a fertile ground for inequality.
By Lusungu Kacheche Dzinkambani African countries started their Covid-19 recovery period in a very parlous economic state. Poor people’s income fell sharply during the pandemic and according to UNECA, the pandemic forced 55 million into poverty in 2020. At the same time, Africa’s debt burden…
Africa is so rich in farmland – so why is it still hungry?
By Anthony Kamande and Dailes Judge It’s been more than two months since it rained in Nakuru County, Kenya, and Jane’s bean crop is long gone. Her only hope on her small plot of 0.8 hectares is the maize crop – but it will also…
Austerity is Not the Answer to Africa’s Colliding Crises
By Anthony Kamande Our continent faces droughts and spiking prices that are pushing millions into hunger and poverty, a debt crisis and the ongoing pandemic. So why are countries cutting billions in spending? Anthony Kamande introduces a new Oxfam Pan Africa briefing based on our…
In East Africa, the Pandemic has Pushed Millions out of Work: Here’s what Governments Need to do
Anthony Kamande Out of the blue over Christmas, while I was visiting my home village some 200km from Nairobi, a helicopter landed. This was extraordinary: my village only got electricity in 2017 and an event like this had never happened before. (Even now, as most…
Beating back the Billionaire Variant
By Anthony Kamande In the informal settlement area of Kawangware in Nairobi, my friend Joe, a nurse, is quarantining in his small room after getting COVID-19 for the second time. He’s less concerned about the virus than his finances, which have deteriorated severely in the…