January 30, 2019
Oxfam’s new inequality report, which reveals that billionaires’ fortunes grew by $2.5 billion a day last year, as poorest half of humanity – 3.8 billion people – saw their wealth fall, is making headlines around the globe. Since we launched, we have received lots questions. Here are our responses to seven of the most frequently asked questions.
January 25, 2019
The current inequality crisis is the direct result of this moral failure. Our exclusive, highly unequal society based on extreme wealth for the few may seem sturdy and inevitable right now, but it will collapse. Before long, the pitchforks will come out and the ensuing chaos will benefit no one. Not wealthy people like me - and certainly not the poorest people who have already been left behind.
January 21, 2019
A little change can go a long way. Oxfam estimates that a tiny 0.5 percent increase in tax on the wealth of the richest one percent could raise more than it would cost to educate all the children who are currently out of school and provide healthcare that would save the lives of 3.3 million people.
January 21, 2019
The two richest people in New Zealand added an astounding NZ$1.1billion to their fortunes in 2017-2018, while the wealth of the poorest half of the country decreased overall, according to new Oxfam research released today.
The report reveals that the richest 5% of the population collectively owns more wealth than the bottom 90%.
January 25, 2018
Our new report about the state of inequality in the world reveals how our economy is delivering unimaginable rewards for those at the top by exploiting millions of ordinary workers at the bottom.
January 22, 2018
Lan, 32, works in a factory in Dong Nai province, southern Vietnam, which produces shoes for global fashion brands. She works on 1200 pairs of shoes a day, yet she can't afford to buy even one pair for her son on the amount she earns each month. Photo: Sam Tarling/Oxfam
Blog post by Nick Bryer
Oxfam Global Inequality Lead (Davos)
January 19, 2016
Barbara is from Zambia – one of the ten fastest growing economies in the world. But like 64 per cent of the country, Barbara lives in extreme poverty.
Before she lost her husband to cancer, Barbara had to sell livestock to pay for his treatment. Now she spends four hours walking every day to collect water for her crops, so she can feed her two children.
January 19, 2015
Significant progress has been made in the last decade. Global poverty rates are falling. Child and maternal mortality rates are down, many more children are in school, and the total number of people going hungry in the world is falling – albeit all far too slowly.
October 30, 2014
This week Oxfam launches a campaign to highlight one of the biggest issues of our time – extreme economic inequality. Seven out of ten of us now live in countries that are more unequal than they were 30 years ago and the richest 85 people own the same wealth as the poorest 3.5 billion. But why is this important for an organisation like Oxfam?