Reward Work, Not Wealth: To end the inequality crisis, we must build an economy for ordinary working people, not the rich and powerful.
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Publication date
2018-01-22Keywords
Corporate taxationEconomic growth
Education
Fair trade
Finance
Gender inequality
Healthcare
Labour standards
SDGs
Supply chains
Tax dodging
Taxation
Unpaid care
Women's economic empowerment
Women's rights
Labour rights
Human economy
Davos 2018
Country
BangladeshDenmark
Dominican Republic
Germany
India
Indonesia
Kenya
Mexico
Myanmar
Netherlands
Nigeria
Philippines
Rwanda
Senegal
South Africa
Spain
Sudan
Turkey
Uganda
United Kingdom
United States
Vietnam
Zambia
Metadata
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OxfamDocument type
Briefing paperDescription
Last year saw the biggest increase in billionaires in history, one more every two days. This huge increase could have ended global extreme poverty seven times over. 82% of all wealth created in the last year went to the top 1%, and nothing went to the bottom 50%.
Dangerous, poorly paid work for the many is supporting extreme wealth for the few. Women are in the worst work, and almost all the super-rich are men. Governments must create a more equal society by prioritizing ordinary workers and small-scale food producers instead of the rich and powerful.