Can the world be more equal 💰?
The rich are getting richer and the poor poorer. Oxfam’s latest report on inequality paints a stark picture of a widening gap between the world’s haves and the have-nots. 82 percent of global wealth generated last year went to the richest one percent of the population. For the 3.7 billion people who make up the poorest half of the world there was no increase in wealth, with many struggling simply to survive. Oxfam pins much of the blame on the erosion of workers' rights, and big business having too much influence over government policy-making. In an attempt to balance the scales, the charity is calling for a minimum wage people can live on, higher taxes on the rich, and more spending on public services like health and education. But can the gap be bridged? Presenter: Hashem Ahelbarra Guests: Vicky Pryce, economist at the Centre for Economics and Business Research. Lahcen Haddad, Moroccan MP and professor at Mohamed V University. Philippe Legrain, economist and author of 'European Spring: Why Our Economies and Politics are in a Mess – and How to Put Them Right.' Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook http://ift.tt/1iHo6G4 Check our website: http://ift.tt/snsTgS keep visiting our website for Al Jazeera English News,Latest News,News Today,News Headlines,Current News,Top News,News Update,International News,Latest World News,Breaking News Headlines,Latest News,Breaking News Today
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