Shift in stance comes as more countries raise concerns about inequality – Christine Lagarde
Via Graham Watson
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Graham Watson's curator insight,
January 21, 2019 2:55 AM
Basics. The annual Oxfam look at global inequality: the world's 26 richest people own as much as the poorest 50%.
It's a staggering figure and Oxfam make a great deal of the fact that a 1% wealth tax could educate every child not in school and help prevent 3 million deaths.
I wonder if the 26 people identified go to bed at night thinking of that. |
Things must be bad - the head of the IMF, Christine Lagarde, has suggested that rising inequality across the globe is a concern, and the way to counter this is via well targeted social spending on education and health, trying to ensure sustainable growth.