Home » News » Oxfam: 82 % of wealth created 2017 went to top 1 % in the world, Herland Report
Oxfam: 82 % of wealth created 2017 went to top 1 % in the world, Herland Report

Oxfam: 82 % of wealth created 2017 went to top 1 % in the world, Herland Report

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Last year saw the biggest increase in billionaires in history, one more every
two days, states Oxfam in a shocking report.

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.

 

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