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The Inequality Virus: Bringing together a world torn apart by coronavirus through a fair, just and sustainable economy - World

The Inequality Virus: Bringing together a world torn apart by coronavirus through a fair, just and sustainable economy Format The increase in the wealth of the ten richest is more than enough to both pay for a Covid-19 vaccine for everyone on the planet and reverse the rise in poverty caused by the pandemic. However, while the wealth of the richest increases, support for the poorest is being squeezed with the UK and other donors cutting aid to the world’s poorest. Oxfam’s report* The Inequa...
United Kingdom Gaza Strip General Gaza Strip Warren Buffett Jeff Bezos Mark Zuckerberg

Oxfam: Mega-rich recoup COVID-losses yet billions will live in poverty for a decade plus

The Inequality Virus was published on the opening day of the World Economic Forum’s virtual meeting, The Davos Agenda. The report shows that COVID-19 has the potential to increase economic inequality in almost every country at once, the first time this has happened since records began over a century ago. Rising inequality means it could take at least 14 times longer for the number of people living in poverty to return to pre-pandemic levels than it took for the fortunes of the top 1,000, mo...
United States Jayati Ghosh Jeffrey Sachs Diana Sarosi Gabriel Zucman Inequality Alliance

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