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JAN 20, 2014 - The Guardian

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Oxfam: 85 richest people as wealthy as half of the world's population

As World Economic Forum starts in Davos, development charity claims that growing inequality has been driven by a 'power grab' by wealthy elitesGlobal inequality has increased to the extent that the £1tn combined wealth of the 85 richest people is equal to that of the poorest 3.5 billion – half of the world's population – according to a new report from development charity Oxfam.And the report, entitled Working For The Few, claims that growing inequality has been driven by a "power grab" by wealthy elites, who have co-opted the political process to rig the rules of the economic system in their ... Read More

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