Obscene Inequality: Eight men’s wealth equals half the world

Click here to access article adapted from Oxfam International and posted on Climate & Capitalism.

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.Oxfam’s report, ‘An economy for the 99 percent’, shows that the gap between rich and poor is far greater than had been feared.