Gap between poor and super rich may trigger unrest, Oxfam warns

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Gap between poor and super rich may trigger unrest, Oxfam warns

From http://www.independent.co.uk/news/world/politics/oxfam-warns-davos-of-pernicious-impact-of-the-widening-wealth-gap-9070714.html

The 85 richest people on the planet have accumulated as much wealth between them as half of the world’s population, political and financial leaders have been warned ahead of their annual gathering in the Swiss resort of Davos.

The tiny elite of multibillionaires, who could fit into a double-decker bus, have piled up fortunes equivalent to the wealth of the world’s poorest 3.5bn people, according to a new analysis by Oxfam. The charity condemned the “pernicious” impact of the steadily growing gap between a small group of the super-rich and hundreds of millions of their fellow citizens, arguing it could trigger social unrest.

It released the research on the eve of the World Economic Forum, starting on Wednesday, which brings together many of the most influential figures in international trade, business, finance and politics including David Cameron…

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One Response to “Gap between poor and super rich may trigger unrest, Oxfam warns”

  1. craiglock Says:

    Reblogged this on From Seeds of Hope To Endless Possibilities and commented:

    from http://www.wecanendpoverty.wordpress.com

    Like

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