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Rich pool shrinking as inequality grows, Oxfam says

Wealth is increasingly being concentrated in fewer hands, report says
Wealth is increasingly being concentrated in fewer hands, report says Source: AAP

Just sixty-two people are among a small pool of the world's richest, who own the same amount of wealth as 3.6 billion people. That's according to a new report from Oxfam International, which says global inequality is worsening. Titled, "An Economy for the One Percent", the report says corporations avoiding tax and keeping profits for the top of the company food chain are among the main causes of the problem.


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By Alex Parry, Kruno Martinac

Source: SBS



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Just sixty-two people are among a small pool of the world's richest, who own the same amount of wealth as 3.6 billion people. That's according to a new report from Oxfam International, which says global inequality is worsening. Titled, "An Economy for the One Percent", the report says corporations avoiding tax and keeping profits for the top of the company food chain are among the main causes of the problem.



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