Even It Up

Prescription for Poverty

New Oxfam research shows that four pharmaceutical corporations—Abbott, Johnson & Johnson, Merck & Co. (also known as MSD), and Pfizer—systematically stash their profits in overseas tax havens. They appear to deprive developing countries of more than NZ$150 million every year—money that is urgently needed to meet the health needs of people in these countries—while vastly overcharging for their products. It is estimated that New Zealand loses NZ$21 million every year. 

Reward Work, Not Wealth

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.

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