62 people owning as much as the 3.6 billion poorest isn’t the most shocking fact in new global wealth study

Posted: January 20, 2016 in Economy

Oxfam, which combats poverty globally, said “apologists” for the rich often cite the numbers of people worldwide living in extreme poverty was cut in half between 1990 and 2010 “as proof that inequality is not a major problem.” However, that “misses the point,” because “had inequality within countries not grown during that period, an extra 200 million people would have escaped poverty.”

Source: 62 people owning as much as the 3.6 billion poorest isn’t the most shocking fact in new global wealth study

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