Wealth Gap Continues To Grow Between Rich, Poor, Oxfam Report Says
The Guardian: Inequality gap widens as 42 people hold same wealth as 3.7bn poorest
“The development charity Oxfam has called for action to tackle the growing gap between rich and poor as it launched a new report showing that 42 people hold as much wealth as the 3.7 billion who make up the poorest half of the world’s population. In a report published on Monday to coincide with the gathering of some of the world’s richest people at the World Economic Forum in Davos, Oxfam said billionaires had been created at a record rate of one every two days over the past 12 months, at a time when the bottom 50 percent of the world’s population had seen no increase in wealth…” (Elliot, 1/21).