A report (by Alexandra Jacobo) from Oxfam says inequality is not inevitable - it is a political choice. 26 billionaires own as much as the world’s 3.8 billion poorest people. "While the world’s richest people saw their fortunes swell by over $900 billion last year, or $2.5 billion a day, the world’s poorest actually lost wealth..."
While most of the world struggled to recover since the financial crisis in 2008, the number of billionaires has doubled. Public services have been cut while women are expected to fill the gaps with unpaid care. Men hold 50 percent more of the world's worth than women.
The global elite and large corporations fight against plans for progressive policies while their fortunes are increased with tax cuts. Health care, education and public services that attempt to reduce the gap between haves and have-nots are being dried up, shut down.
