The Future is Equal

Reports

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 prioritising ordinary workers and small-scale food producers instead of the rich and powerful.

Read report here.

Uprooted by climate change: responding to the growing risk of displacement

Climate change is already forcing people from their land and homes, and putting many more at risk of displacement in the future.

Supercharged storms, more intense droughts, rising seas and other impacts of climate change all magnify existing vulnerabilities and the likelihood of displacement, disproportionately affecting low-income countries, women, children and indigenous peoples.

Read full report here.

The Commitment to Reducing Inequality Index: A new global ranking of governments based on what they are doing to tackle the gap between rich and poor

In 2015, the leaders of 193 governments promised to reduce inequality as part of the Sustainable Development Goals (SDGs).

Without reducing inequality, meeting the SDG to eliminate poverty will be impossible. Now Development Finance International and Oxfam have produced the first index to measure the commitment of governments to reducing the gap between the rich and the poor.

The Commitment to Reducing Inequality Index uses a new database of indicators covering 152 countries, which measures government action on social spending, tax and labour rights – three areas found to be critical to reducing inequality.

This first version of the CRI Index is work in progress, and DFI and Oxfam welcome comments and additions. We find that there is an urgent need for coordinated global investment to significantly improve the data on inequality and policies to reduce it, and much greater concerted action by governments across the world to reduce the gap between rich and poor.


Making Tax Vanish – How the practices of consumer goods MNC RB show that the international tax system is broken

Big business is able to take advantage of loopholes in global tax laws and avoid tax on a massive scale.

This deprives governments around the world of the money they need to tackle poverty and inequality. It means there is less for them to invest in healthcare, education and jobs.

This report examines the failings of the global tax system that facilitate mass tax avoidance. It looks at one example of a multinational company (MNC) that Oxfam thinks is not paying its fair share and gives an overview of its practices in New Zealand.. It calls on the New Zealand government and business to implement the reforms that are needed to stop MNCs from avoiding paying their fair share of tax in the future.


An economy that works for women

Women’s economic empowerment could reduce poverty for everyone.

In order to achieve it, we need to first fix the current broken economic model which is undermining gender equality and causing extreme economic inequality.

The neoliberal model has made it harder for women to have better quality and better paid jobs, address inequality in unpaid care work, and women’s influence and decision making power is constrained.

To achieve women’s economic empowerment, we need a human economy that works for women and men alike, and for everyone, not just the richest 1%.


Towards a more equal Indonesia

The gap between the richest and the rest in Indonesia has grown faster in the past two decades than in any other country in South-East Asia.

The four richest men in Indonesia now have more wealth than the poorest 100 million people. Inequality is slowing down poverty reduction, dampening economic growth and threatening social cohesion.

President Jokowi has made fighting inequality his administration’s top priority for 2017. This report shows how he could achieve this by enforcing a living wage for all workers, increasing spending on public services, and making big corporations and rich individuals pay their fair share of tax.