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….