Even it up

Even it up

Extreme inequality is hurting us all – damaging economic growth, fuelling crime, and squandering the hopes and ambitions of billions who are trapped at the bottom with no way out.

Such stark inequality is not inevitable – it is the consequence of political and economic choices. With extreme wealth comes power and influence – we’re living in a world where the rules are rigged in favour of the few and at the expense of the many.  So while the wealth of the few grows greater, the poorest are left behind. 

It doesn’t have to be this way – together we can even things up.

Take action

We can change the rules on tax to make sure the richest pay their fair share.  We can demand more spending on public health and education to give the poor a fighting chance. We can demand fair wages for everyone. We can make sure the poorest have a voice, and those voices are heard by those in power.

  • Billionaire wealth increased by $762 billion in 2017, enough to end extreme poverty seven times over.
  • Oxfam has calculated that in 2017 the richest 1% of people on the planet bagged 82% of the wealth created that year, while the poorest half of humanity got nothing.
  • In New Zealand, the richest 1% bagged 28% of wealth created in 2017 while the bottom 30% of the country got just 1%.
  • Seven out of ten people live in countries where the gap between the rich and poor is worse than thirty years ago.
  • 2017 saw the biggest increase in billionaires in history, one more every two days.
  • It takes just four days for a CEO from one of the top five global fashion brands to earn what a Bangladeshi garment worker will earn in her entire lifetime.
  • Without action, it will take 75 years to achieve equal pay between men and women.

The time is now. The world has woken up to the gap between the rich and rest. From Spain to South Africa, and Peru to Pakistan, people are already demanding a world that is fairer than this.

Latest news

Byanyima and Ardern talk NZ budget, inequality, climate change

January 23, 2019

Oxfam International executive director Winnie Byanyima and New Zealand prime minister Jacinda Ardern have met to discuss global and New Zealand issues including the upcoming national well-being budget and global inequality.

Drug companies cheating New Zealand out of millions in tax revenue

September 18, 2018

The world’s biggest pharmaceutical companies who are behind some of New Zealand’s most trusted brands – including Neutrogena, BAND-AID, Johnson’s Baby and Chap Stick - appear to be unfairly avoiding an estimated NZ$21million in tax per year in New Zealand, reveals new research from Oxfam today.  

Super-rich got 82% of wealth created last year - poorest half of world got nothing

January 22, 2018

Eighty two per cent of the wealth generated last year went to the richest one per cent of the global population, while the 3.7 billion people who make up the poorest half got nothing, according to a new Oxfam report released today. The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland.

Latest blogs

Seven brilliant questions you asked about Oxfam’s Inequality report

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.

Our humanity is the true source of economic growth and flourishing civilization

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.

Our inequality crisis can be solved by ensuring corporations and wealthy individuals pay their fair share of tax

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.